Family Foundation of Mid-Michigan Inc

Analysis

Family Foundation of Mid-Michigan Inc is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Family Foundation of Mid-Michigan Inc reported income of $58k and spending of $35, leaving 100% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $82k to $58k (-29%), an average of -8.3% a year. The sharpest change came in the year to September 2021, when income rose by 554%. Over the whole period it spent 123% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Family Foundation of Mid-Michigan Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include Ashland Ore Dock Charitable TR ($58k), Oyster Bay Lions Club Foundation Inc ($58k) and Sertoma Inc ($58k).

At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.