Operating record

Cathedral Of Our Merciful Saviour

Detroit, MI · EIN 41-6013255 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$36,531$75,175−$38,644152.110%
2021$57,327$77,553−$20,226144.311%
2022$50,293$75,984−$25,691142.510%
2023$19,997$71,623−$51,626142.210%

In its most recent public year (2023), this organization spent $51,626 more than it brought in. Its reserves stood at about 142.2 months of spending, down from 152.1 in 2020. Staff pay was 10% of spending.

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 ↗