Detroit Peoples Community

Analysis

Detroit Peoples Community is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in May 2020, 6 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 September 2023, Detroit Peoples Community reported income of $263k and spending of $365k, spending 139% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income fell from $322k to $263k (-18%), an average of -9.6% a year. The sharpest change came in the year to September 2023, when income dropped by 32%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Detroit Peoples Community sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Junior Auxiliary of Cleveland Mississippi Inc ($263k), Pennsylvania State Association of County Fairs ($264k) and Interlink Volunteer Caregivers Inc ($263k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $14k, net assets of $68k.