Detroit Sports Medicine Foundation

Analysis

Detroit Sports Medicine Foundation is a registered charity in United States, based in Rochester HLS, MI. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Sports Medicine Foundation reported income of $185k and spending of $122k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $185k (+77%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 284%. Over the whole period it spent 156% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Detroit Sports Medicine Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Olive Branch - Muslim Family Services ($185k), Faith Hope & Love Christian Ministries Inc ($185k) and Humanology & Health Science Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $161k against liabilities of $2,330, net assets of $159k.