Detroit Institute For Children
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 4,469,035 | 5,717,664 | −1,248,629 | -4.0 | 47% |
| 2011 | 5,543,834 | 5,492,117 | 51,717 | -3.5 | 54% |
| 2012 | 4,188,422 | 4,809,745 | −621,323 | -8.0 | 57% |
| 2013 | 5,067,744 | 4,190,219 | 877,525 | 0.7 | 60% |
| 2014 | 3,507,728 | 4,018,067 | −510,339 | -0.4 | 4% |
| 2015 | 2,696,110 | 2,153,018 | 543,092 | 2.2 | 55% |
| 2016 | 3,040,662 | 2,751,325 | 289,337 | 3.0 | 70% |
| 2017 | 2,967,491 | 2,624,067 | 343,424 | 4.7 | 65% |
| 2018 | 3,882,901 | 3,486,295 | 396,606 | 4.9 | 72% |
| 2019 | 4,276,208 | 4,292,418 | −16,210 | 4.0 | 73% |
| 2020 | 123,984 | 246,744 | −122,760 | 96.3 | 70% |
| 2021 | 4,417,745 | 4,292,703 | 125,042 | 6.1 | 74% |
| 2022 | 4,531,501 | 4,370,333 | 161,168 | 5.9 | 71% |
| 2023 | 4,780,033 | 5,189,776 | −409,743 | 4.2 | 6% |
In its most recent public year (2023), this organization spent $409,743 more than it brought in. Its reserves stood at about 4.2 months of spending, up from -4 in 2010. Staff pay was 6% of spending. $343,422 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
Detroit Institute For Children's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works