Michigan Lakes and Streams Association Inc

Analysis

Michigan Lakes and Streams Association Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in April 1980, 46 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Michigan Lakes and Streams Association Inc reported income of $303k and spending of $260k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $310k to $303k (-2.2%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 85% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Michigan Lakes and Streams Association Inc sits at the 58th percentile: it is larger than about 58% 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 Perennial ($303k), School Garden Project of Lane County ($303k) and Greater Lansing Area Clean Cities ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 49% of the total. Other salaries and wages came to $71k. At year end it held assets of $633k against liabilities of $82k, net assets of $551k. It reported 2 employees.