Michigan Community College Association Foundation

Analysis

Michigan Community College Association Foundation is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Michigan Community College Association Foundation reported income of $477k and spending of $518k, spending 109% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $950k to $477k (-50%), an average of -50% a year. The sharpest change came in the year to June 2023, when income dropped by 50%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Community College Association Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Parent Booster USA Inc ($477k), Eastern Connecticut Training School for Firemen ($477k) and Texas Destination Imagination ($477k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $898k against liabilities of $16k, net assets of $882k.