Doing Development Differently in Metro Detroit

Analysis

Doing Development Differently in Metro Detroit is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 2015, 11 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 (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, Doing Development Differently in Metro Detroit reported income of $577k and spending of $255k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $577k (+179%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 195%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Doing Development Differently in Metro Detroit sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Endeavor Nwa Entrepreneurs ($577k), Community Compassion Outreach ($577k) and Economic Alliance Foundation ($577k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $483k against liabilities of $32k, net assets of $451k. It reported 1 employees.