Charity Search / MAYORS RESIDENCE SOCIETY
Public & Societal Benefit (W99) 990 on File

MAYORS RESIDENCE SOCIETY

EIN: 38-3164694 · DEARBORN, MI 48126-2719 · United States · FY 2024 Data
3 out of 5 44 / 100 Based on 2+ years of filings
Financial strength (30%) 59/100
Reliability (20%) 55/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$0
Total Revenue
$38K
Total Expenses
$758K
Net Assets
0
Employees
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 241.38x
Liability-to-Asset 0.0%
Revenue Diversification N/A
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 2,060 similar organizations (United States, Public & Societal Benefit, under $100K in expenses), FY 2024.
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
100.0% 81.6%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
0.1% 6.7%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
241.4 mo 14.7 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-100.0% 0.0%
P10P90
Expense growth
Year over year expense growth
-34.0% 0.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $0 $38K $758K 100.0% 0
2023 $150K $57K $796K 100.0% 0
2022 $225K $53K $703K 100.0% 0
2021 $55K $20K N/A — 0
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Organization Details
EIN
38-3164694
State
MI
City
DEARBORN
ZIP
48126-2719
Classification
W99
Category
Public & Societal Benefit
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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