South Michigan Food Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,152,709 | 19,311,659 | −158,950 | 2.8 | 4% |
| 2012 | 17,909,007 | 16,792,445 | 1,116,562 | 4.1 | 5% |
| 2013 | 16,628,167 | 17,125,845 | −497,678 | 3.8 | 5% |
| 2014 | 16,750,659 | 16,741,561 | 9,098 | 3.9 | 5% |
| 2015 | 15,222,230 | 15,644,436 | −422,206 | 3.8 | 6% |
| 2016 | 16,997,545 | 16,876,732 | 120,813 | 3.6 | 5% |
| 2017 | 14,591,545 | 14,989,977 | −398,432 | 3.8 | 6% |
| 2018 | 14,734,007 | 14,364,976 | 369,031 | 4.2 | 6% |
| 2019 | 17,517,633 | 16,998,742 | 518,891 | 4.0 | 5% |
| 2020 | 35,125,900 | 33,807,125 | 1,318,775 | 2.6 | 4% |
| 2021 | 21,627,675 | 22,302,436 | −674,761 | 4.1 | 6% |
| 2022 | 21,527,860 | 22,266,943 | −739,083 | 3.4 | 6% |
| 2023 | 26,210,667 | 26,085,232 | 125,435 | 3.1 | 6% |
In its most recent public year (2023), this organization brought in $125,435 more than it spent. Its reserves stood at about 3.1 months of spending. Staff pay was 6% of spending. $562,491 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
South Michigan Food Bank'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