The Detroit Athletic Club Foundation

Analysis

The Detroit Athletic Club Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Detroit Athletic Club Foundation reported income of $521k and spending of $499k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $691k to $521k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Detroit Athletic Club Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Loving One by One Ministries Inc ($521k), Wampus Cat Booster Club Inc ($521k) and Cornerstone Christian Academy ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 139% of the total. At year end it held assets of $5.4m against liabilities of $46k, net assets of $5.4m.