Wayne State University School of Medicine Student Senate

Analysis

Wayne State University School of Medicine Student Senate is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Wayne State University School of Medicine Student Senate reported income of $83k and spending of $79k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $177k to $83k (-53%), an average of -53% a year. The sharpest change came in the year to June 2024, when income dropped by 53%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wayne State University School of Medicine Student Senate sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include Canyon-Owyhee School Service Agency Foundation Inc ($83k), Walt Whitman All Sports Booster Club Inc ($83k) and Science on a River Inc ($83k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 74% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.