Arise Detroit

Analysis

Arise Detroit is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in January 2008, 18 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, Arise Detroit reported income of $53k and spending of $215k, spending 408% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $516k to $53k (-90%), an average of -44% a year. The sharpest change came in the year to December 2022, when income rose by 211%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arise Detroit sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within MI. Charities of a similar size with the same main cause include Independence Community Events ($53k), National Charity League Inc- Gardenia Chapter ($53k) and Charleston Peninsula Preservation Trust ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $75k (35% of expenses). Other salaries and wages came to $39k. At year end it held assets of $328k against liabilities of $21k, net assets of $306k. It reported 2 employees.