The Second Mile Center of Detroit

Analysis

The Second Mile Center of 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 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, The Second Mile Center of Detroit reported income of $220k and spending of $223k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $269k to $220k (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Second Mile Center of Detroit sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Eis Family A38 ($220k), Financial Education Associates Inc ($220k) and Hope Restored Pregnancy Resource Center ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $88k. At year end it held assets of $230k against liabilities of $5,495, net assets of $224k. It reported 1 employees.