Detroit Horse Power
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 12,031 | 5,327 | 6,704 | 15.1 | — |
| 2016 | 74,895 | 24,361 | 50,534 | 28.2 | — |
| 2017 | 182,912 | 187,567 | −4,655 | 3.4 | — |
| 2018 | 396,114 | 241,759 | 154,355 | 10.6 | 57% |
| 2019 | 313,210 | 261,471 | 51,739 | 12.1 | 66% |
| 2020 | 587,310 | 375,523 | 211,787 | 15.2 | 45% |
| 2021 | 1,075,890 | 459,514 | 616,376 | 28.5 | 52% |
| 2022 | 2,078,672 | 572,132 | 1,506,540 | 54.5 | 57% |
| 2023 | 3,661,186 | 722,697 | 2,938,489 | 91.9 | 51% |
In its most recent public year (2023), this organization brought in $2,938,489 more than it spent. Its reserves stood at about 91.9 months of spending, up from 15.1 in 2015. Staff pay was 51% of spending. $4,394,374 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 Horse Power'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