Michigan Peo Fund Inc

Analysis

Michigan Peo Fund Inc is a registered charity in United States, based in Grand Blanc, MI. It received its IRS tax-exemption ruling in February 1966, 60 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Michigan Peo Fund Inc reported income of $78k and spending of $103k, spending 132% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income fell from $86k to $78k (-9.1%), an average of -9.1% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Michigan Peo Fund Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include Delaware Currents Inc ($78k), Egg & Spoon Theatre Collective Inc ($78k) and United States Stamp Society ($78k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.