Junior Achievement of North Central Michigan Inc

Analysis

Junior Achievement of North Central Michigan Inc is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Junior Achievement of North Central Michigan Inc reported income of $300k and spending of $362k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $418k to $300k (-28%), an average of -8.0% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 110% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Junior Achievement of North Central Michigan Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Boone County Youth Livestock ($300k), Builders4kids ($300k) and Texas Home Educators Sports Association Inc ($300k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $125k (35% of expenses). Other salaries and wages came to $77k. At year end it held assets of $611k against liabilities of $32k, net assets of $579k. It reported 5 employees.