College Park Living Center

Analysis

College Park Living Center is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, College Park Living Center reported income of $51k and spending of $68k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $56k to $51k (-8.3%), an average of -8.3% a year. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, College Park Living Center sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within MI. Charities of a similar size with the same main cause include Cokato Food Shelf ($51k), 3dp4me ($51k) and One Change at a Time ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $267k against liabilities of $15k, net assets of $252k.