Michigan Air Guard Historical Association

Analysis

Michigan Air Guard Historical Association is a registered charity in United States, based in Selfridge, MI. It received its IRS tax-exemption ruling in March 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Michigan Air Guard Historical Association reported income of $159k and spending of $125k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $103k to $159k (+55%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michigan Air Guard Historical Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include Bergeys Manual Trust ($158k), PTA California Congress of Parents Teachers & Students Inc ($159k) and Council of Academic Deans for Research Education Institutions ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 46% of the total. At year end it held assets of $302k against liabilities of $67k, net assets of $235k.