Disability Network Eastern Michigan

Analysis

Disability Network Eastern Michigan is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in December 1987, 39 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 September 2023, Disability Network Eastern Michigan reported income of $4.6m and spending of $4.7m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $4.6m (+110%), an average of +20% a year. The sharpest change came in the year to September 2022, when income rose by 46%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Disability Network Eastern Michigan sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Young Americans for Liberty Foundation ($4.6m), Volcan Mountain Foundation ($4.6m) and The Family Place Utah ($4.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $168k (3.6% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $1.8m against liabilities of $1.0m, net assets of $782k. It reported 52 employees.