Michigan Center for Construction Education & Research TR Ua

Analysis

Michigan Center for Construction Education & Research TR Ua is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Center for Construction Education & Research TR Ua reported income of $4.7m and spending of $1.9m, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $4.7m (+179%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 217%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Center for Construction Education & Research TR Ua sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Sigma Nu Educational Foundation Inc ($4.7m), New Springs Inc ($4.7m) and Grace Christian School of Cypress California ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $139k (7.4% of expenses). Other salaries and wages came to $746k. At year end it held assets of $3.5m against liabilities of $556k, net assets of $3.0m. It reported 65 employees.