Share Detroit Inc

Analysis

Share Detroit Inc is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Share Detroit Inc reported income of $269k and spending of $286k, spending 107% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $225k to $269k (+20%), an average of +20% a year. The sharpest change came in the year to September 2023, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Share Detroit Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Planters Operation Roundup Inc ($269k), Loper Athletic Club ($269k) and Indiana Lions Foundation Inc ($269k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.