Detroit Theatre District Business Association

Analysis

Detroit Theatre District Business Association is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 2019, Detroit Theatre District Business Association reported income of $127k and spending of $90k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2018 to December 2019, income fell from $143k to $127k (-11%), an average of -11% a year. Over the whole period it spent 78% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Detroit Theatre District Business Association sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include South Minden Volunteer Fire Department Inc ($127k), Emergency Volunteer Corps of Nehalem Bay ($127k) and Kirby Diaster Relief Fund ($127k).

On its Form 990 for the period ending December 2019, revenue came from contributions and grants 107% of the total. It paid $14k in professional fundraising fees. At year end it held assets of $100k against liabilities of $0, net assets of $100k.