International Institute of Metropolitan Detroit Inc

Analysis

International Institute of Metropolitan Detroit Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, International Institute of Metropolitan Detroit Inc reported income of $1.1m and spending of $1.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $844k to $1.1m (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, International Institute of Metropolitan Detroit Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Stitchcrew Inc ($1.1m), Connolly Ranch Education Center ($1.1m) and Circle Tail Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $117k (10% of expenses). Other salaries and wages came to $571k. At year end it held assets of $317k against liabilities of $92k, net assets of $225k. It reported 21 employees.