Childrens Hospital Of Michigan Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 96,466,812 | 7,048,771 | 89,418,041 | 164.3 | 9% |
| 2012 | 10,824,908 | 7,623,683 | 3,201,225 | 164.9 | 13% |
| 2013 | 8,070,163 | 9,383,531 | −1,313,368 | 142.0 | 13% |
| 2014 | 10,195,305 | 8,576,472 | 1,618,833 | 155.9 | 16% |
| 2015 | 6,393,697 | 10,070,228 | −3,676,531 | 122.7 | 16% |
| 2016 | 12,616,093 | 9,343,022 | 3,273,071 | 137.8 | 16% |
| 2017 | 15,995,986 | 9,881,020 | 6,114,966 | 146.0 | 16% |
| 2018 | 14,407,467 | 10,311,657 | 4,095,810 | 130.2 | 16% |
| 2019 | 9,436,728 | 11,850,104 | −2,413,376 | 130.6 | 17% |
| 2020 | 11,784,091 | 12,183,633 | −399,542 | 135.4 | 19% |
| 2021 | 18,796,884 | 15,445,600 | 3,351,284 | 117.1 | 16% |
| 2022 | 11,546,203 | 16,544,725 | −4,998,522 | 85.9 | 18% |
| 2023 | 17,571,638 | 11,952,983 | 5,618,655 | 140.0 | 23% |
In its most recent public year (2023), this organization brought in $5,618,655 more than it spent. Its reserves stood at about 140 months of spending, down from 164.3 in 2011. Staff pay was 23% of spending. $120,240,630 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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