Detroit Childrens Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 508,800 | 169,265 | 339,535 | 3.7 | 0% |
| 2015 | 653,540 | 307,280 | 346,260 | 24.0 | 0% |
| 2016 | 1,057,726 | 208,418 | 849,308 | 84.2 | 0% |
| 2017 | 5,747,526 | 2,081,968 | 3,665,558 | 29.6 | 12% |
| 2018 | 7,175,612 | 7,706,340 | −530,728 | 7.2 | 5% |
| 2019 | 5,779,528 | 7,027,312 | −1,247,784 | 5.7 | 6% |
| 2020 | 3,592,961 | 3,666,654 | −73,693 | 11.0 | 4% |
| 2021 | 5,131,419 | 5,902,341 | −770,922 | 5.3 | 8% |
| 2022 | 6,678,705 | 5,521,426 | 1,157,279 | 8.5 | 15% |
| 2023 | 4,550,837 | 4,215,795 | 335,042 | 12.1 | 18% |
In its most recent public year (2023), this organization brought in $335,042 more than it spent. Its reserves stood at about 12.1 months of spending, up from 3.7 in 2014. Staff pay was 18% of spending. $1,211,667 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
Detroit Childrens Fund'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