Detroit Bar Association Foundation

Analysis

Detroit Bar Association Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in October 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Detroit Bar Association Foundation reported income of $150k and spending of $131k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $166k to $150k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Detroit Bar Association Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Instituto El Rey Inc ($150k), Kennebunk Rotary Scholarship Fund Inc ($150k) and Friends of National Library of Medicine ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $428k against liabilities of $0, net assets of $428k.