Detroit Heals Detroit

Analysis

Detroit Heals Detroit is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Detroit Heals Detroit reported income of $520k and spending of $343k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $215k to $520k (+142%), an average of +142% a year. The sharpest change came in the year to December 2023, when income rose by 142%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Detroit Heals Detroit sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include 16 10 Now & Then Inc ($520k), The Fort Smith Boys Club Charitable Foundation Trust ($520k) and Red River Infinity Volleyball Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $104k (30% of expenses). Other salaries and wages came to $11k. At year end it held assets of $471k against liabilities of $1,053, net assets of $470k.