Appna Michigan Chapter Inc

Analysis

Appna Michigan Chapter Inc is a registered charity in United States, based in Canton, MI. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Appna Michigan Chapter Inc reported income of $72k and spending of $77k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $72k (-46%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Appna Michigan Chapter Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within MI. Charities of a similar size with the same main cause include Akhand Param Dham of America Corp ($72k), Multnomah Law Library ($72k) and Friends of Mt Washington School ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $2,150, net assets of $57k.