Michigan Catastrophic Claims Association U S
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,650,761,320 | 1,197,288,394 | 453,472,926 | -10.4 | 0% |
| 2012 | 1,435,028,245 | 2,594,306,243 | −1,159,277,998 | -9.5 | 0% |
| 2013 | 1,773,170,181 | 1,939,950,046 | −166,779,865 | -11.6 | 0% |
| 2014 | 2,086,259,022 | 1,551,479,259 | 534,779,763 | -3.2 | 0% |
| 2015 | 2,743,877,191 | 2,011,897,432 | 731,979,759 | -4.1 | 1% |
| 2016 | 1,579,242,176 | 2,871,173,056 | −1,291,930,880 | -7.3 | 0% |
| 2017 | 2,513,331,209 | 3,212,465,358 | −699,134,149 | -9.8 | 0% |
| 2018 | 2,164,561,933 | 2,478,852,607 | −314,290,674 | -14.1 | 0% |
| 2019 | 1,953,450,173 | −1,512,953,848 | 3,466,404,021 | -10.1 | -1% |
| 2020 | 2,309,843,695 | 1,618,678,690 | 691,165,005 | 18.1 | 0% |
| 2021 | 4,546,777,371 | 2,222,669,814 | 2,324,107,557 | 27.2 | 0% |
| 2022 | 1,744,028,645 | 4,428,123,975 | −2,684,095,330 | -10.0 | 0% |
| 2023 | 1,303,620,913 | −287,849,744 | 1,591,470,657 | 85.4 | -6% |
In its most recent public year (2023), this organization brought in $1,591,470,657 more than it spent. Its reserves stood at about 85.4 months of spending, up from -10.4 in 2011. Staff pay was -6% 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
Michigan Catastrophic Claims Association U S'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