Michigan Christian Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 7,080,328 | 11,770,492 | −4,690,164 | -5.2 | 28% |
| 2013 | 8,091,939 | 10,620,923 | −2,528,984 | -8.6 | 35% |
| 2014 | 8,869,594 | 10,126,926 | −1,257,332 | -9.5 | 36% |
| 2015 | 9,372,108 | 10,276,242 | −904,134 | -10.7 | 37% |
| 2016 | 9,825,536 | 13,172,758 | −3,347,222 | -13.0 | 31% |
| 2017 | 10,991,324 | 11,159,811 | −168,487 | -14.5 | 39% |
| 2018 | 13,667,147 | 14,544,676 | −877,529 | -11.8 | 35% |
| 2019 | 15,023,998 | 16,740,495 | −1,716,497 | -11.7 | 35% |
| 2020 | 15,429,641 | 16,984,088 | −1,554,447 | -13.3 | 36% |
| 2021 | 17,927,684 | 18,094,452 | −166,768 | -11.9 | 38% |
| 2022 | 18,661,362 | 19,401,504 | −740,142 | -11.8 | 39% |
| 2023 | 20,956,012 | 21,589,208 | −633,196 | -10.9 | 34% |
In its most recent public year (2023), this organization spent $633,196 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-10.9 months), down from -5.2 in 2012. Staff pay was 34% of spending. $27,653 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
Michigan Christian Home'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