O โ€” Youth DevelopmentEIN: 383548144ยท Ruling Year: 2003

Ilitch Charities Inc

Detroit, Michigan

AHealth Score
91A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

๐Ÿ’ฐ
$3.4M
Total Revenue
๐Ÿ“Š
$2.6M
Total Expenses
๐Ÿฆ
$10.5M
Net Assets
๐Ÿ“‹
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+38.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+22.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.01
Net assets divided by total expenses
Liabilities-to-Assets
12.0%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$3,385,259โ†‘38%$2,631,273โ†‘14%$11,981,983โ†‘9%
2022$2,448,357โ†‘19%$2,303,437โ†‘47%$10,995,215โ†‘6%
2021$2,049,006โ†‘103%$1,563,816โ†“57%$10,345,645โ†‘7%
2020$1,010,319โ†“65%$3,595,482โ†‘123%$9,660,662โ†“23%
2019$2,903,906โ†‘13%$1,614,893โ†‘18%$12,570,807โ†‘13%
2018$2,578,947โ†“27%$1,368,921โ†“26%$11,099,879โ†‘10%
2017$3,524,661โ†‘14%$1,841,267โ†‘1%$10,099,110โ†‘21%
2016$3,094,695โ†‘17%$1,816,044โ†‘31%$8,352,923โ†‘17%
2015$2,651,300โ†“8%$1,381,139โ†“13%$7,113,674โ†‘23%
2014$2,867,174โ†“8%$1,580,498โ†“15%$5,803,806โ†‘11%
2013$3,112,486โ†‘44%$1,869,111โ†‘16%$5,235,037โ†‘33%
2012$2,162,582โ†‘32%$1,605,245โ†‘31%$3,943,045โ†‘15%
2011$1,633,172โ†‘25%$1,222,162โ†“2%$3,437,177โ†‘17%
2010$1,307,341$1,250,863$2,937,942

Frequently Asked Questions

What does Ilitch Charities Inc do?โ–ผ

Ilitch Charities Inc is a youth development nonprofit organization based in Michigan. It is classified under NTEE code O50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ilitch Charities Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Ilitch Charities Inc has a score of 91/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Ilitch Charities Inc generate?โ–ผ

Ilitch Charities Inc reports $3.2M in annual revenue and holds $12.4M in total assets, based on IRS filings.

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Ilitch Charities Inc โ€” Detroit, MI | GiveScope