Michigan Youth Livestock Scholarship Fund

Analysis

Michigan Youth Livestock Scholarship Fund is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Michigan Youth Livestock Scholarship Fund reported income of $405k and spending of $283k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $405k (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Youth Livestock Scholarship Fund sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Better for Kids Inc ($405k), Public Montessori in Action International ($405k) and Friends of Bellefontaine Cemetery ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 65% of the total. At year end it held assets of $962k against liabilities of $2,250, net assets of $960k.