Covenant House Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,003,389 | 3,979,378 | 24,011 | 20.8 | 51% |
| 2012 | 4,392,071 | 3,994,427 | 397,644 | 22.1 | 50% |
| 2013 | 4,907,277 | 3,930,243 | 977,034 | 25.5 | 51% |
| 2014 | 4,365,671 | 3,832,897 | 532,774 | 27.9 | 51% |
| 2015 | 4,775,639 | 3,927,407 | 848,232 | 29.8 | 51% |
| 2016 | 4,571,125 | 3,955,127 | 615,998 | 31.5 | 52% |
| 2017 | 5,358,609 | 4,689,658 | 668,951 | 28.8 | 50% |
| 2018 | 6,842,775 | 4,391,345 | 2,451,430 | 37.8 | 52% |
| 2019 | 5,356,291 | 5,311,921 | 44,370 | 31.8 | 52% |
| 2020 | 5,326,868 | 5,467,356 | −140,488 | 30.9 | 55% |
| 2021 | 6,086,992 | 6,070,552 | 16,440 | 30.1 | 54% |
| 2022 | 5,610,036 | 6,057,605 | −447,569 | 27.6 | 52% |
| 2023 | 5,367,691 | 6,571,626 | −1,203,935 | 24.1 | 55% |
In its most recent public year (2023), this organization spent $1,203,935 more than it brought in. Its reserves stood at about 24.1 months of spending, up from 20.8 in 2011. Staff pay was 55% of spending. $361,304 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
Covenant House Michigan'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