North End Woodward Community Coalition

Analysis

North End Woodward Community Coalition is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, North End Woodward Community Coalition reported income of $301k and spending of $769k, spending 256% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $346k to $301k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North End Woodward Community Coalition sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include East Central Development Corporation ($301k), Historic Bridge Mainstreet South Valley ($301k) and Foundation Builders Servants Outreach ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $90k (12% of expenses). Other salaries and wages came to $294k. At year end it held assets of $893k against liabilities of $116k, net assets of $777k. It reported 25 employees.