Northeast Michigan Community Partnership Inc

Analysis

Northeast Michigan Community Partnership Inc is a registered charity in United States, based in Alpena, MI. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Northeast Michigan Community Partnership Inc reported income of $190k and spending of $128k, leaving 33% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $74k to $190k (+156%), an average of +156% a year. The sharpest change came in the year to September 2023, when income rose by 156%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northeast Michigan Community Partnership Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include Heart of Rushville-A Main Street Program ($190k), Downtown Morehead City Inc ($190k) and Bryant Neighborhood Organization Inc ($190k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 53% and program service revenue 27% of the total. At year end it held assets of $155k against liabilities of $28k, net assets of $127k.