Detroit Wine Organization

Analysis

Detroit Wine Organization is a registered charity in United States, based in Farmington Hills, MI. It received its IRS tax-exemption ruling in February 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Detroit Wine Organization reported income of $67k and spending of $68k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $67k (+1.6%), an average of +1.6% a year. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Detroit Wine Organization sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Allen & Gloria Block Family Foundation ($67k), Friends of the Albany County Public Library ($67k) and San Felipe Rotary Foundation ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.