Michigan Fallen Heroes Memorial

Analysis

Michigan Fallen Heroes Memorial is a registered charity in United States, based in Pontiac, MI. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Fallen Heroes Memorial reported income of $52k and spending of $21k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $52k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 213%. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Michigan Fallen Heroes Memorial sits at the 23rd percentile: it is larger than about 23% 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 Maryland Choral Society Inc ($52k), Scottish Rite Masonic Center ($52k) and Friends of Mountainview Cemetary ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 127% of the total. At year end it held assets of $863k against liabilities of $8,441, net assets of $854k.