Economic Justice Alliance of Michigan

Analysis

Economic Justice Alliance of Michigan is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Economic Justice Alliance of Michigan reported income of $65k and spending of $735k, spending 1133% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $777k to $65k (-92%), an average of -56% a year. The sharpest change came in the year to December 2020, when income rose by 86%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Economic Justice Alliance of Michigan sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within MI. Charities of a similar size with the same main cause include Willapa Harbor Ministerial Association ($65k), Brotherhood of St Anthony of Half Moon Bay ($65k) and Academy of Dentistry International Foundation ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $92k (13% of expenses). Other salaries and wages came to $113k. At year end it held assets of $625k against liabilities of $7,351, net assets of $618k. It reported 4 employees.