CheckMyDonation

Designed Future

RegisteredEIN 47-2111027Grand Rapids, MIPoverty relief
Income$211k2023-12
Spending$170ksame year
Spent / received76%2-year average
Size in its cause49th pctPoverty relief
Exempt since2015Publicly supported organisat
Employees2latest return

Analysis

Designed Future is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Designed Future reported income of $211k and spending of $170k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $211k (+12%), an average of +12% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Designed Future sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Dev-Island Inc ($211k), Good Shepherd Lutheran Center ($211k) and P V Amman Temple of N a ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $30k (18% of expenses). Other salaries and wages came to $29k. At year end it held assets of $715k against liabilities of $518k, net assets of $197k. It reported 2 employees.

Income and spending

$0$53k$106k$158k$211k2022 Income: $187,6462022 Spending: $133,61120222023 Income: $211,0872023 Spending: $170,2082023
IncomeSpending

Where the income comes from

  • Contributions & grants 21%
  • Program services 79%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Dev-Island IncKalaheo$211k
Good Shepherd Lutheran CenterWright City$211k
P V Amman Temple of N aFlushing$211k
Fathers Building FuturesAlbuquerque$211k