Central United Methodist Church Of Detroit Community Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 356,165 | 287,659 | 68,506 | 4.4 | 33% |
| 2012 | 248,017 | 314,780 | −66,763 | 1.4 | 38% |
| 2013 | 213,417 | 248,073 | −34,656 | 0.1 | 54% |
| 2014 | 333,062 | 254,071 | 78,991 | 3.9 | 46% |
| 2015 | 301,873 | 276,917 | 24,956 | 4.6 | 50% |
| 2016 | 316,668 | 309,237 | 7,431 | 4.4 | 51% |
| 2017 | 358,663 | 302,732 | 55,931 | 6.8 | 52% |
| 2018 | 351,172 | 308,218 | 42,954 | 8.3 | 55% |
| 2019 | 424,498 | 329,057 | 95,441 | 11.3 | 58% |
| 2020 | 473,799 | 395,516 | 78,283 | 11.7 | 57% |
| 2021 | 790,726 | 564,053 | 226,673 | 16.2 | 50% |
| 2022 | 686,987 | 806,984 | −119,997 | 9.3 | 46% |
| 2023 | 1,086,379 | 1,019,160 | 67,219 | 8.1 | 50% |
In its most recent public year (2023), this organization brought in $67,219 more than it spent. Its reserves stood at about 8.1 months of spending, up from 4.4 in 2011. Staff pay was 50% of spending. $200,000 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
Central United Methodist Church Of Detroit Community Development Corp'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