Georgia Street Community Collective Inc
Analysis
Georgia Street Community Collective Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Georgia Street Community Collective Inc reported income of $122k and spending of $125k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $122k (-1.4%), an average of -1.4% a year. Over the whole period it spent 102% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Georgia Street Community Collective Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include Fairport Partnership for a Better Community Inc ($122k), Outreach Center Inc ($122k) and Meadowood Neighborhood Association Inc ($122k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $648 against liabilities of $0, net assets of $648.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fairport Partnership for a Better Community Inc | Fairport | $122k |
| Outreach Center Inc | Statesboro | $122k |
| Meadowood Neighborhood Association Inc | Madison | $122k |
| Kane County Farm Bureau Foundation | St Charles | $122k |