Brightmoor Alliance Inc

Analysis

Brightmoor Alliance Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in May 2007, 19 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, Brightmoor Alliance Inc reported income of $1.1m and spending of $643k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $264k to $1.1m (+335%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brightmoor Alliance Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include San Miguel Resource Center ($1.1m), Nachzik Chazak Inc ($1.1m) and Windspirit Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Other salaries and wages came to $293k. At year end it held assets of $1.7m against liabilities of $419k, net assets of $1.3m. It reported 7 employees.