Detroit Public Safety Foundation

Analysis

Detroit Public Safety Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Public Safety Foundation reported income of $3.2m and spending of $3.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $3.2m (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Detroit Public Safety Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Valor Preparatory Academy ($3.2m), New Vision Learning Academy ($3.2m) and Explorers Academy of Science and Technology ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $133k (4.0% of expenses). Other salaries and wages came to $160k. At year end it held assets of $2.0m against liabilities of $30k, net assets of $2.0m. It reported 4 employees.