Catholic Foundation Of Southwestern Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 161,219 | 67,708 | 93,511 | 0.0 | 0% |
| 2018 | 428,308 | 69,635 | 358,673 | 0.0 | 0% |
| 2019 | 474,224 | 270,489 | 203,735 | 0.0 | 0% |
| 2020 | 191,748 | 327,254 | −135,506 | 0.0 | 0% |
| 2021 | 1,419,772 | 183,451 | 1,236,321 | 87.7 | 0% |
| 2022 | 5,891,859 | 46,990 | 5,844,869 | 1683.7 | 0% |
| 2023 | 1,999,848 | 42,565 | 1,957,283 | 2436.4 | 0% |
In its most recent public year (2023), this organization brought in $1,957,283 more than it spent. Its reserves stood at about 2436.4 months of spending, up from 0 in 2017. Staff pay was 0% 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
Catholic Foundation Of Southwestern 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