Friends of the Detroit River

Analysis

Friends of the Detroit River is a registered charity in United States, based in Taylor, MI. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Friends of the Detroit River reported income of $5.6m and spending of $5.7m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $7.4m to $5.6m (-24%), an average of -6.7% a year. The sharpest change came in the year to September 2022, when income rose by 135%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of the Detroit River sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include North Florida Land Trust Inc ($5.6m), Cec Stuyvesant Cove Inc ($5.6m) and Center for Clean Air Policy ($5.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $81k (1.4% of expenses). Other salaries and wages came to $284k. At year end it held assets of $1.3m against liabilities of $646k, net assets of $622k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.