Federal Bar Foundation of Detroit

Analysis

Federal Bar Foundation of Detroit is a registered charity in United States, based in Northville, MI. It received its IRS tax-exemption ruling in August 1969, 57 years ago. 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 August 2023, Federal Bar Foundation of Detroit reported income of $55k and spending of $4,500, leaving 92% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $11k to $55k (+408%), an average of +408% a year. The sharpest change came in the year to August 2023, when income rose by 408%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Federal Bar Foundation of Detroit sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within MI. Charities of a similar size with the same main cause include North Canton Hoover High School Sideliners Inc ($55k), Texas Comedies ($55k) and Ann Arundell County ($55k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k.