Public & Societal Benefit
(W038)
MICHIGAN RURAL WATER ASSOCIATION
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$2.9M
Total Revenue
$2.8M
Total Expenses
$1.5M
Net Assets
15
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
49.9%
Fundraising Efficiency
0.0%
Operating Reserve
6.37x
Liability-to-Asset
31.3%
Revenue Diversification
57.5%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $2.9M | $2.8M | $1.5M | 49.9% | 15 |
| 2022 | $2.7M | $2.5M | N/A | — | 17 |
| 2021 | $2.2M | $2.2M | N/A | — | 16 |
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