Charlotte Mason Association of Detroit

Analysis

Charlotte Mason Association of Detroit is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Charlotte Mason Association of Detroit reported income of $447k and spending of $608k, spending 136% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $486k to $447k (-8.1%), an average of -2.1% a year. The sharpest change came in the year to July 2020, when income rose by 215%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charlotte Mason Association of Detroit sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Lutheran School Corporation of Indiana Inc ($447k), Nalukai Foundation ($447k) and Gestalt Institute of Cleveland Inc ($447k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Other salaries and wages came to $383k. At year end it held assets of $369k against liabilities of $123k, net assets of $245k. It reported 9 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.