Pentwater Artisan Learning Center Inc

Analysis

Pentwater Artisan Learning Center Inc is a registered charity in United States, based in Pentwater, MI. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Pentwater Artisan Learning Center Inc reported income of $101k and spending of $78k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $101k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pentwater Artisan Learning Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include Cass Logansport Economic Development Orgization Inc ($101k), Morgenstern Workshop ($101k) and Dyersville Progress Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $406k against liabilities of $0, net assets of $406k.