Regional Educational Media Center Association of Michigan
Analysis
Regional Educational Media Center Association of Michigan is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in July 2003, 23 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 June 2024, Regional Educational Media Center Association of Michigan reported income of $2.8m and spending of $2.1m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.0m to $2.8m (+177%), an average of +29% a year. The sharpest change came in the year to June 2022, when income rose by 131%. Over the whole period it spent 58% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Regional Educational Media Center Association of Michigan sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Hilltop Montessori School Inc ($2.8m), Foundation for Tacoma Students ($2.8m) and Torrington Library ($2.8m).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. At year end it held assets of $6.6m against liabilities of $0, net assets of $6.6m.
Income and spending
Where the income comes from
- Program services 95%
- Other 4.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hilltop Montessori School Inc | Birmingham | $2.8m |
| Foundation for Tacoma Students | Tacoma | $2.8m |
| Torrington Library | Torrington | $2.8m |
| United Lutheran Seminary Endowment Foundation | Gettysburg | $2.8m |