Detroit International Research and Education Foundation

Analysis

Detroit International Research and Education Foundation is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Detroit International Research and Education Foundation reported income of $163k and spending of $137k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $325k to $163k (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Detroit International Research and Education Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Holos Institute ($163k), Peapack-Gladstone First Aid & Rescue Squad ($163k) and Its a Calling Foundation ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $36k (26% of expenses). At year end it held assets of $249k against liabilities of $0, net assets of $249k.