Michigan Alliance of Union Painting Contractors-Industry Advancement

Analysis

Michigan Alliance of Union Painting Contractors-Industry Advancement is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in November 2014, 12 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Michigan Alliance of Union Painting Contractors-Industry Advancement reported income of $152k and spending of $64k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $152k (+8.1%), an average of +2.0% a year. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Michigan Alliance of Union Painting Contractors-Industry Advancement sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Hoosier State Press Association Foundation Inc ($152k), Beacon Community Foundation Inc ($152k) and Patriot Project ($152k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 85% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.