Mi Reconnect

Analysis

Mi Reconnect is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Mi Reconnect reported income of $109k and spending of $121k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $109k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 105% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Mi Reconnect sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include League of Women Voters of Oregon ($109k), National Consumer Bankruptcy Rights Center ($109k) and League of Women Voters of Greater Los Angeles ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $3,526 against liabilities of $7,500, net assets of -$3,974.