Manufacturing Diversity Institute Inc

Analysis

Manufacturing Diversity Institute Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover employment, 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, Manufacturing Diversity Institute Inc reported income of $99k and spending of $101k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $26k to $99k (+282%), an average of +282% a year. The sharpest change came in the year to December 2023, when income rose by 282%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Manufacturing Diversity Institute Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include Schuylkill Connects ($99k), The Collective Empowerment Group Inc ($99k) and Finn Hill Neighborhood Alliance ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $123k against liabilities of $108k, net assets of $15k.