Detroit Fire Department Mutual Benefit Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 267,728 | 273,089 | −5,361 | 16.2 | 6% |
| 2012 | 231,468 | 245,745 | −14,277 | 18.3 | 7% |
| 2013 | 230,900 | 215,314 | 15,586 | 21.5 | 7% |
| 2014 | 227,526 | 213,319 | 14,207 | 21.5 | 7% |
| 2015 | 237,726 | 185,743 | 51,983 | 26.9 | 8% |
| 2016 | 206,064 | 235,270 | −29,206 | 20.6 | 7% |
| 2017 | 211,843 | 196,107 | 15,736 | 27.5 | 8% |
| 2018 | 217,576 | 233,535 | −15,959 | 20.0 | 7% |
| 2019 | 242,756 | 267,962 | −25,206 | 18.3 | 7% |
| 2020 | 230,510 | 198,834 | 31,676 | 28.2 | 9% |
| 2021 | 250,844 | 230,607 | 20,237 | 25.6 | 8% |
| 2022 | 217,713 | 179,953 | 37,760 | 30.6 | 10% |
| 2023 | 241,368 | 167,449 | 73,919 | 40.2 | 11% |
In its most recent public year (2023), this organization brought in $73,919 more than it spent. Its reserves stood at about 40.2 months of spending, up from 16.2 in 2011. Staff pay was 11% of spending.
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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