Detroit 90-90

Analysis

Detroit 90-90 is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Detroit 90-90 reported income of $42.7m and spending of $42.5m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $35.4m to $42.7m (+21%), an average of +6.5% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Detroit 90-90 sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Explore Excel Charter School ($42.7m), South Texas College of Law Houston Inc ($42.7m) and San Domenico School ($42.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $598k (1.4% of expenses). Other salaries and wages came to $33.1m. At year end it held assets of $765k against liabilities of $325k, net assets of $440k. It reported 567 employees.