GFWC - Michigan

Analysis

GFWC - Michigan is a registered charity in United States, based in Royal Oak, MI. It received its IRS tax-exemption ruling in July 1945, 81 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, GFWC - Michigan reported income of $62k and spending of $65k, spending 105% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $75k to $62k (-18%), an average of -4.0% a year. The sharpest change came in the year to June 2021, when income dropped by 41%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, GFWC - Michigan sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Hill Piazza Inc a Not for Profit Corporation ($62k), Minneapolis Womens Rotary ($62k) and Junior League of the Space Coast Inc ($61k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 54% of the total. At year end it held assets of $174k against liabilities of $0, net assets of $174k.