The St Andrews Society of Detroit

Analysis

The St Andrews Society of Detroit is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in July 2006, 20 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, The St Andrews Society of Detroit reported income of $369k and spending of $479k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $451k to $369k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income rose by 188%. 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, The St Andrews Society of Detroit sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Fair Hill Foundation Inc ($369k), Overlys Country Christmas Inc ($369k) and Josephine County Foundation ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% and program service revenue 94% of the total. Other salaries and wages came to $30k. At year end it held assets of $3.1m against liabilities of $15k, net assets of $3.0m. It reported 1 employees.