Missaukee County Commission on Aging

Analysis

Missaukee County Commission on Aging is a registered charity in United States, based in Lake City, MI. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Missaukee County Commission on Aging reported income of $908k and spending of $832k, spending 92% of its income. Across the 5 years on record, from September 2018 to September 2023, income grew from $848k to $908k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to September 2022, when income dropped by 19%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Missaukee County Commission on Aging sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Raintree Village Childrens Foundation Inc ($908k), Hands on Daycare Inc ($908k) and Liberty House of Albany Inc ($907k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $51k (6.1% of expenses). Other salaries and wages came to $423k. At year end it held assets of $799k against liabilities of $115k, net assets of $684k.