Joe Louis Greenway Partnership

Analysis

Joe Louis Greenway Partnership is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Joe Louis Greenway Partnership reported income of $200k and spending of $502k, spending 251% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $655k to $200k (-69%), an average of -69% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Joe Louis Greenway Partnership sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Southside Swarm Volleyball Club Inc ($200k), South Florida Youth Foundation Inc ($200k) and Greece Cobra Soccer Club Inc ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $196k. At year end it held assets of $311k against liabilities of $13k, net assets of $298k.