Detroit Black Community Food Sovereignty Network

Analysis

Detroit Black Community Food Sovereignty Network is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Detroit Black Community Food Sovereignty Network reported income of $1.7m and spending of $1.2m, leaving 30% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $407k to $1.7m (+307%), an average of +42% a year. The sharpest change came in the year to September 2021, when income rose by 222%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Detroit Black Community Food Sovereignty Network sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Odyssey Family Counseling Center Corporation ($1.7m), Boone County Council on Aging ($1.7m) and Parachute Credit Counseling Inc ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $63k (5.4% of expenses). Other salaries and wages came to $386k. At year end it held assets of $5.6m against liabilities of $299k, net assets of $5.3m. It reported 11 employees.