Brightmoor Artisans Collective

Analysis

Brightmoor Artisans Collective is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 2018, 8 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, Brightmoor Artisans Collective reported income of $58k and spending of $47k, spending 81% of its income. Across the 3 years on record, from December 2018 to December 2023, income fell from $132k to $58k (-56%), an average of -34% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brightmoor Artisans Collective sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include New Hampshire Council on Problem Gambling Inc ($58k), Safe Night Ministries for Domestic Violence Victims ($58k) and Boldly Me ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.