Financial Information for Prosperus Detroit Micro-Lending

Prosperus Detroit Micro-Lending's annual revenue was $4.2M in tax year 2024, reported on their IRS Form 990. They spent $3.2M in total expenses. 79% went to programs and services.

Financial Breakdown

What is Prosperus Detroit Micro-Lending's total annual expenses?

Prosperus Detroit Micro-Lending spent $3.2M in tax year 2024, according to their IRS Form 990 filing.

How much of Prosperus Detroit Micro-Lending's budget goes to programs?

Prosperus Detroit Micro-Lending spent $2.5M (79% of expenses) on programs and services in tax year 2024.

How much does Prosperus Detroit Micro-Lending spend on overhead?

Prosperus Detroit Micro-Lending's overhead in tax year 2024 includes administrative (16%) and fundraising (5%) of their expenses.

What is Prosperus Detroit Micro-Lending's net worth?

Prosperus Detroit Micro-Lending had net assets of $4.1M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.