Detroit Abloom

Analysis

Detroit Abloom is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Detroit Abloom reported income of $55k and spending of $50k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $55k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Detroit Abloom sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within MI. Charities of a similar size with the same main cause include Beacon of Hope Charity Inc ($55k), Ghee Kung Tong Supreme Lodge - Chinese Freemasons of the World ($55k) and Texas Panhandle Community Partners ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.