International Visitors Council of Metropolitan Detroit Inc

Analysis

International Visitors Council of Metropolitan Detroit Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 1973, 53 years ago. 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 Visitors Council of Metropolitan Detroit Inc reported income of $948k and spending of $866k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $553k to $948k (+71%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Visitors Council of Metropolitan Detroit Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Organ Historical Society Inc ($948k), Your Safe Haven Inc ($948k) and Amyotrophic Lateral Sclerosis Association ($948k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $88k (10% of expenses). Other salaries and wages came to $128k. At year end it held assets of $683k against liabilities of $25k, net assets of $658k. It reported 6 employees.