I Care of Michigan is a 501(c)(3) organization based in Warren, Michigan, registered in 1988, with $47,776 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$48K
▲ 21.6% vs prior year
Housing median: $408K
Expenses (FY2023)
$48K
Net assets
$16K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for I Care of Michigan— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For I Care of Michigan: 4 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for I Care of Michigan— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For I Care of Michigan: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $41K (FY2009) to $48K (FY2023) across 14 reported years.
Financial snapshot
Operating margin
-0.7%
Spent more than it raised in the latest fiscal year.
Total assets
$16K
Net assets
$16K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $47,776▲21.6% | $48,110▼21.1% | $16,030▼2.0% | $16,030▼2.0% | 990EZ |
| 2022 | $39,301▲14.6% | $60,958▲75.0% | $16,364▼57.0% | $16,364▼57.0% | 990EZ |
| 2021 | $34,296▼15.9% | $34,837▲5.1% | $38,021▼1.4% | $38,021▼1.4% | 990EZ |
| 2020 | $40,768▼33.6% | $33,138▼30.1% | $38,562▲24.7% | $38,562▲24.7% | 990EZ |
| 2019 | $61,426▲49.3% | $47,397▲9.8% | $30,932▲83.0% | $30,932▲83.0% | 990EZ |
| 2018 | $41,156▼4.6% | $43,152▼36.4% | $16,903▼10.6% | $16,903▼10.6% | 990EZ |
| 2017 | $43,129▲23.5% | $67,824▼2.5% | $18,899▼56.6% | $18,899▼56.6% | 990EZ |
| 2016 | $34,926▼47.9% | $69,594▲205% | $43,593▼44.3% | $43,593▼44.3% | 990EZ |
| 2015 | $67,029▲228% | $22,837▲66.5% | $78,261▲130% | $78,261▲130% | 990EZ |
| 2014 | $20,459▼18.0% | $13,716▼44.0% | $34,069▲21.8% | $34,069▲21.8% | 990EZ |
| 2012 | $24,942▼20.7% | $24,482▼14.2% | $27,968▲1.7% | $27,968▲1.7% | 990EZ |
| 2011 | $31,442▼19.8% | $28,525▲3.0% | $27,508▲11.9% | $27,508▲11.9% | 990EZ |
| 2010 | $39,191▼4.4% | $27,690▼31.3% | $24,591▲87.9% | $24,591▲87.9% | 990EZ |
| 2009 | $41,014 | $40,305 | $13,090 | $13,090 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for I Care of Michigan (EIN 23-7205048) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.