Food Bank Of Eastern Michigan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,654,228 | 39,586,792 | 67,436 | 2.5 | 4% |
| 2012 | 39,601,110 | 38,931,735 | 669,375 | 2.8 | 5% |
| 2013 | 44,492,654 | 43,935,789 | 556,865 | 2.8 | 5% |
| 2014 | 41,335,256 | 38,168,444 | 3,166,812 | 4.2 | 4% |
| 2015 | 50,845,867 | 50,147,951 | 697,916 | 3.2 | 4% |
| 2016 | 58,837,842 | 57,187,024 | 1,650,818 | 3.2 | 5% |
| 2017 | 51,489,686 | 53,254,193 | −1,764,507 | 3.0 | 6% |
| 2018 | 52,176,392 | 54,398,221 | −2,221,829 | 2.5 | 6% |
| 2019 | 53,325,576 | 53,715,549 | −389,973 | 2.4 | 6% |
| 2020 | 81,082,033 | 78,535,413 | 2,546,620 | 2.1 | 4% |
| 2021 | 106,664,807 | 80,738,987 | 25,925,820 | 5.9 | 4% |
| 2022 | 58,146,281 | 60,590,969 | −2,444,688 | 6.6 | 7% |
| 2023 | 60,854,792 | 63,346,094 | −2,491,302 | 6.2 | 7% |
In its most recent public year (2023), this organization spent $2,491,302 more than it brought in. Its reserves stood at about 6.2 months of spending, up from 2.5 in 2011. Staff pay was 7% of spending. $542,512 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
Food Bank Of Eastern Michigan Inc'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