Young Detroit Thinkers

Analysis

Young Detroit Thinkers is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 August 2023, Young Detroit Thinkers reported income of $75k and spending of $72k, spending 96% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $69k to $75k (+8.5%), an average of +2.8% a year. The sharpest change came in the year to August 2022, when income rose by 104%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Detroit Thinkers sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include Los Alamos Youth Soccer League ($75k), Aptos Soccer Club ($75k) and Galion Elks P E R Endowment & Scholarship Assn ($75k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.