Ilitch Charities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,307,341 | 1,250,863 | 56,478 | 26.3 | 13% |
| 2011 | 1,633,172 | 1,222,162 | 411,010 | 31.0 | 23% |
| 2012 | 2,162,582 | 1,605,245 | 557,337 | 27.7 | 17% |
| 2013 | 3,112,486 | 1,869,111 | 1,243,375 | 29.5 | 15% |
| 2014 | 2,867,174 | 1,580,498 | 1,286,676 | 42.2 | 21% |
| 2015 | 2,651,300 | 1,381,139 | 1,270,161 | 59.2 | 22% |
| 2016 | 3,094,695 | 1,816,044 | 1,278,651 | 53.1 | 22% |
| 2017 | 3,524,661 | 1,841,267 | 1,683,394 | 61.5 | 25% |
| 2018 | 2,578,947 | 1,368,921 | 1,210,026 | 93.1 | 35% |
| 2019 | 2,903,906 | 1,614,893 | 1,289,013 | 88.2 | 29% |
| 2020 | 1,010,319 | 3,595,482 | −2,585,163 | 30.9 | 12% |
| 2021 | 2,049,006 | 1,563,816 | 485,190 | 74.5 | 24% |
| 2022 | 2,448,357 | 2,303,437 | 144,920 | 51.0 | 25% |
| 2023 | 3,385,259 | 2,631,273 | 753,986 | 48.1 | 22% |
In its most recent public year (2023), this organization brought in $753,986 more than it spent. Its reserves stood at about 48.1 months of spending, up from 26.3 in 2010. Staff pay was 22% of spending. $971,792 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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