Think of Michael

Analysis

Think of Michael is a registered charity in United States, based in Lynnfield, MA. It received its IRS tax-exemption ruling in August 2019, 7 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, Think of Michael reported income of $91k and spending of $85k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $91k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Think of Michael sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Mid-Missouri Center Project Inc ($91k), Fiji American Charity Team ($91k) and Doylestown Community Food Cupboard ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.