Catholic Foundation Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 96,500 | 850 | 95,650 | 1350.4 | — |
| 2017 | 4,320,741 | 235,076 | 4,085,665 | 99.0 | 32% |
| 2018 | 4,801,576 | 1,196,014 | 3,605,562 | 27.9 | 13% |
| 2019 | 9,240,451 | 1,622,193 | 7,618,258 | 38.5 | 13% |
| 2020 | 4,586,504 | 3,232,982 | 1,353,522 | 24.8 | 11% |
| 2021 | 12,618,743 | 3,975,132 | 8,643,611 | 46.3 | 9% |
| 2022 | 20,315,357 | 7,342,550 | 12,972,807 | 24.2 | 5% |
| 2023 | 9,194,802 | 6,065,107 | 3,129,695 | 42.6 | 6% |
In its most recent public year (2023), this organization brought in $3,129,695 more than it spent. Its reserves stood at about 42.6 months of spending, down from 1350.4 in 2016. Staff pay was 6% 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 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