Leadership Macomb Inc

Analysis

Leadership Macomb Inc is a registered charity in United States, based in Shelby TWP, MI. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2023, Leadership Macomb Inc reported income of $244k and spending of $232k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $239k to $244k (+2.0%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income dropped by 24%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Leadership Macomb Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Everett Station District Alliance ($244k), Pioneering with Passion Ministries PPM Inc ($244k) and Arts District Community Council Los Angeles ($244k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $107k (46% of expenses). At year end it held assets of $76k against liabilities of $2,018, net assets of $74k. It reported 3 employees.