University of Michigan Club of Wash DC

Analysis

University of Michigan Club of Wash DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, University of Michigan Club of Wash DC reported income of $177k and spending of $59k, leaving 67% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $182k to $177k (-2.4%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income rose by 146%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Michigan Club of Wash DC 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 51st percentile, and in the 28th percentile within DC. Charities of a similar size with the same main cause include Olde English Consortium ($177k), Technology in Education Colorado Inc ($177k) and National Associaton of Corporate Directors ($177k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.