Detroit Regional Chamber Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,370,877 | 3,552,420 | 818,457 | 3.0 | 29% |
| 2012 | 4,893,484 | 4,973,981 | −80,497 | 1.9 | 30% |
| 2013 | 3,953,239 | 4,181,098 | −227,859 | 1.7 | 39% |
| 2014 | 4,401,137 | 5,989,117 | −1,587,980 | -2.0 | 51% |
| 2015 | 8,035,615 | 6,667,284 | 1,368,331 | 0.6 | 50% |
| 2016 | 8,542,219 | 8,547,931 | −5,712 | 0.5 | 41% |
| 2017 | 7,293,713 | 7,750,744 | −457,031 | 0.9 | 46% |
| 2018 | 8,879,572 | 7,485,200 | 1,394,372 | 3.1 | 47% |
| 2019 | 8,274,309 | 8,121,052 | 153,257 | 3.1 | 40% |
| 2020 | 7,662,933 | 7,422,516 | 240,417 | 3.8 | 42% |
| 2021 | 6,948,690 | 6,891,784 | 56,906 | 4.2 | 41% |
| 2022 | 12,985,195 | 9,490,903 | 3,494,292 | 7.5 | 32% |
| 2023 | 12,220,449 | 12,845,129 | −624,680 | 4.9 | 31% |
| 2024 | 11,974,292 | 13,571,755 | −1,597,463 | 3.3 | 35% |
In its most recent public year (2024), this organization spent $1,597,463 more than it brought in. Its reserves stood at about 3.3 months of spending. Staff pay was 35% of spending. $3,497,219 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 2024. 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 Regional Chamber Foundation Inc's IRS filings as a feed — one entry per filing year, through 2024. 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