Adult Learning Systems-Lower Michigan Inc

Analysis

Adult Learning Systems-Lower Michigan Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Adult Learning Systems-Lower Michigan Inc reported income of $7.9m and spending of $7.5m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.1m to $7.9m (+31%), an average of +6.9% a year. The sharpest change came in the year to September 2021, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adult Learning Systems-Lower Michigan Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Universal Family Connection Inc ($7.9m), Clackamas Womens Services ($7.9m) and Minneapolis American Indian Center ($7.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $250k (3.3% of expenses). At year end it held assets of $5.5m against liabilities of $678k, net assets of $4.9m. It reported 218 employees.