Coaching Detroit Forward Inc

Analysis

Coaching Detroit Forward Inc is a registered charity in United States, based in W Bloomfield, MI. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Coaching Detroit Forward Inc reported income of $65k and spending of $61k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $65k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coaching Detroit Forward Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within MI. Charities of a similar size with the same main cause include Block Party Quilters Club ($65k), Spring Valley Parents Club ($65k) and Yiddish Farm Education Center ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $24k against liabilities of $73, net assets of $23k.