Education
(B75I)
IRS Verified
DX Registered
990 on File
DETROIT BAR ASSOCIATION FOUNDATION
Financial strength (30%)
83/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Help Closet provides a space for foster care professionals to “go shopping” for the foster families and children they serve and to receive the things they need for free and without paperwork. All that is required is a professional ID. It provides a centralized clearinghouse in a physical location for donors to drop off gently used or new goods like clothing, furniture, computers, and toys. In some instances, the program will arrange to pick up donations for the program as well.
Financial Overview — FY 2025
$170K
Total Revenue
$156K
Total Expenses
$546K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.5%
Fundraising Efficiency
38.7%
Operating Reserve
42.07x
Liability-to-Asset
1.7%
Revenue Diversification
106.1%
Compared with Peers
FY 2025
Compared with 10,291 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.5% | 89.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.2% | 7.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
38.7% | 1.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
42.1 mo | 9.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.7% | 0.1% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
106.1% | 87.8% |
P10P90
|
Bottom quarter |
|
Surplus margin
Surplus as a share of revenue
|
8.5% | 3.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $170K | $156K | $546K | 82.5% | 0 |
| 2023 | $150K | $131K | $428K | 87.2% | 0 |
| 2022 | $220K | $165K | $403K | 88.1% | 0 |
| 2021 | $244K | $142K | N/A | — | 0 |
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