Osborn Neighborhood Alliance

Analysis

Osborn Neighborhood Alliance is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in May 2019, 7 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 November 2023, Osborn Neighborhood Alliance reported income of $549k and spending of $366k, leaving 33% of income unspent that year. Across the 6 years on record, from November 2018 to November 2023, income grew from $342k to $549k (+61%), an average of +9.9% a year. The sharpest change came in the year to November 2020, when income rose by 120%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Osborn Neighborhood Alliance sits at the 69th percentile: it is larger than about 68% 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 New Life Enterprises Corp ($549k), Pennsylvania State Association of County Fairs ($549k) and Partnership in Property Commercial Land Trust ($548k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (22% of expenses). Other salaries and wages came to $129k. At year end it held assets of $788k against liabilities of $111k, net assets of $677k. It reported 4 employees.