Detroit Cares Circle of the National Cares Mentoring Movement

Analysis

Detroit Cares Circle of the National Cares Mentoring Movement is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Detroit Cares Circle of the National Cares Mentoring Movement reported income of $79k and spending of $80k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $32k to $79k (+147%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Detroit Cares Circle of the National Cares Mentoring Movement sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include Camp Quest Inc ($79k), Hongyun Art Foundation ($79k) and Ojala Ministries ($79k).

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 $23k against liabilities of $23k, net assets of $655.