Chippewa County Family Project Inc

Analysis

Chippewa County Family Project Inc is a registered charity in United States, based in Sault S Marie, MI. It received its IRS tax-exemption ruling in December 2016, 10 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 December 2022, Chippewa County Family Project Inc reported income of $210k and spending of $312k, spending 149% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $123k to $210k (+70%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 144% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chippewa County Family Project Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Home Tomorrow Inc ($210k), Comfort House of Allegany County Inc ($210k) and Boulder Housing Partners Foundation ($210k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $121k. At year end it held assets of $1.1m against liabilities of $1.3m, net assets of -$176k. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.