We the People - Mi

Analysis

We the People - Mi is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, We the People - Mi reported income of $3.5m and spending of $3.9m, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $7.1m to $3.5m (-51%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, We the People - Mi sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Communities in Schools of Tennessee ($3.5m), Lincoln Christian School Foundation ($3.5m) and George W Donaghey Foundation ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Other salaries and wages came to $50k. At year end it held assets of $7.4m against liabilities of $2.0m, net assets of $5.4m.