Downriver Community Services Inc

Analysis

Downriver Community Services Inc is a registered charity in United States, based in Algonac, MI. It received its IRS tax-exemption ruling in April 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 May 2023, Downriver Community Services Inc reported income of $13.6m and spending of $12.8m, spending 94% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $9.8m to $13.6m (+39%), an average of +12% a year. The sharpest change came in the year to May 2021, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Downriver Community Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Visiting Nurse & Hospice of Fairfield County Inc ($13.6m), Wexner Heritage Village ($13.7m) and Community Health and Wellness Center of Greater Torrington Inc ($13.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $498k (3.9% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $15.3m against liabilities of $4.3m, net assets of $10.9m. It reported 100 employees.