everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Charity Motors Inc

Detroit, MI / EIN 38-3251827 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20118,799,6408,114,659684,9815.18%
20127,145,9937,899,046−753,0534.19%
20136,917,1117,116,747−199,6364.38%
20147,682,5977,807,791−125,1943.27%
20156,878,2407,683,989−805,7491.98%
20166,667,2627,276,935−609,6731.111%
20176,188,6756,804,600−615,9250.012%
20185,913,4726,837,210−923,7380.213%
20195,160,8625,220,201−59,339-16.215%
20204,110,0683,849,472260,596-25.314%
20214,106,5353,985,210121,325-23.914%
20221,137,1161,537,862−400,746-4.923%
2023496,244996,046−499,802-13.535%

In its most recent public year (2023), this organization spent $499,802 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.5 months), down from 5.1 in 2011. Staff pay was 35% of spending. $136,168 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

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