State Alliance of Michigan Ymcas
Analysis
State Alliance of Michigan Ymcas is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in July 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 2023, State Alliance of Michigan Ymcas reported income of $17.1m and spending of $15.7m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $845k to $17.1m (+1921%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 228%. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, State Alliance of Michigan Ymcas sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include 1155 Market Qalicb ($17.1m), Bethany Ranch Home Inc ($17.1m) and Wedontwaste Inc ($17.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. Other salaries and wages came to $628k. At year end it held assets of $2.3m against liabilities of $379k, net assets of $2.0m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 6.9%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| 1155 Market Qalicb | San Francisco | $17.1m |
| Bethany Ranch Home Inc | Phoenix | $17.1m |
| Wedontwaste Inc | Denver | $17.1m |
| Caritas of Waco | Waco | $17.1m |