Michigan American Legion Foundation

Analysis

Michigan American Legion Foundation is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Michigan American Legion Foundation reported income of $240k and spending of $161k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $320k to $240k (-25%), an average of -7.0% a year. The sharpest change came in the year to June 2022, when income rose by 145%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Michigan American Legion Foundation 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 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Greater Brandon Community Foundation Inc ($240k), Advo-Kids Casa Inc ($240k) and Berkshire Dream Center Inc ($240k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 21% of the total. At year end it held assets of $1.4m against liabilities of $881, net assets of $1.4m.