Reece Endeavor of Midland

Analysis

Reece Endeavor of Midland is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in August 1964, 62 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Reece Endeavor of Midland reported income of $803k and spending of $665k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $803k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Reece Endeavor of Midland sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include American Friends of Kisse Rahamim Inc ($803k), Watervliet Civic Chest Inc ($803k) and Pathways Community Support Services Inc ($802k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $212k (32% of expenses). At year end it held assets of $4.3m against liabilities of $7,517, net assets of $4.3m. It reported 2 employees.