Micah 68 Project

Analysis

Micah 68 Project is a registered charity in United States, based in Oaktown, IN. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover employment, 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, Micah 68 Project reported income of $126k and spending of $100k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $149k to $126k (-16%), an average of -5.5% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Micah 68 Project sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include New York State Association for Women in Administration Inc ($126k), Academic-Industry Research Network ($126k) and Grosse Pointe Rotary Foundation ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. Compensation of current officers, directors and key employees was $5,400 (5.4% of expenses). At year end it held assets of $367k against liabilities of $404, net assets of $367k.