Mishicot Area Growth and Improvement Committee Inc

Analysis

Mishicot Area Growth and Improvement Committee Inc is a registered charity in United States, based in Mishicot, WI. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Mishicot Area Growth and Improvement Committee Inc reported income of $375k and spending of $108k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $744k to $375k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 16% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mishicot Area Growth and Improvement Committee Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include South Carolina Equine Promotion Foundation Inc ($375k), Southern Illinois Now ($376k) and Osei Foundation-Public Charity Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $8,240. At year end it held assets of $1.1m against liabilities of $3,905, net assets of $1.1m. It reported 1 employees.