Greater Wyoming Community Resource Alliance

Analysis

Greater Wyoming Community Resource Alliance is a registered charity in United States, based in Wyoming, MI. It received its IRS tax-exemption ruling in October 2008, 18 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, Greater Wyoming Community Resource Alliance reported income of $77k and spending of $71k, spending 92% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $47k to $77k (+62%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 126%. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Wyoming Community Resource Alliance sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include Hiawatha Chamber & Visitors Bureau ($77k), Sykeston Community Club ($77k) and Community Foundation of Colusa County ($77k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $109k against liabilities of $1,128, net assets of $107k.