Mana de Metro Detroit

Analysis

Mana de Metro Detroit is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Mana de Metro Detroit reported income of $76k and spending of $51k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $76k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mana de Metro Detroit sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include Peaces of Kindness Inc ($76k), Dante Alighieri Soc of Washington ($76k) and Tyler Police Foundation Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.