Driving Successful Lives

Analysis

Driving Successful Lives is a registered charity in United States, based in Highland, MI. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Driving Successful Lives reported income of $67k and spending of $67k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $232k to $67k (-71%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Driving Successful Lives sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include NSCC Parent Advisory Council of Parent Cooperative Preschools ($67k), Flemington Falcons Cheer Inc ($67k) and PTA Georgia Congress ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $200 (0.3% of expenses). At year end it held assets of $2,800 against liabilities of $2,800, net assets of $0.