Masters Commission Inc

Analysis

Masters Commission Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Masters Commission Inc reported income of $147k and spending of $149k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $45k to $147k (+227%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 3356%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Masters Commission Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Welift Job Search Center ($147k), Downtown Bedford Inc ($147k) and Downtown Brooklyn Neighborhood Alliance ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,593 against liabilities of $0, net assets of $5,593.