nonprofit · EIN 02-0733394 · MI
How much does RESEARCH FOUNDATION OF THE CITY raise and spend?
RESEARCH FOUNDATION OF THE CITY (MI, EIN 02-0733394) reported $63.0M in revenue and $48.3M in expenses for tax year 2024, with $257.4M in net assets (63.9 months of reserves). By expenses that ranks 4,864 of 391,588 e-filers, 121 of 3,624 in NTEE Y: Mutual & Membership Benefit, 145 of 10,994 nonprofits in michigan.
What stands out
RESEARCH FOUNDATION OF THE CITY (MI, EIN 02-0733394) reported $63.0M in revenue and $48.3M in expenses for tax year 2024, with $257.4M in net assets (63.9 months of reserves). By expenses that ranks 4,864 of 391,588 e-filers, 121 of 3,624 in NTEE Y: Mutual & Membership Benefit, 145 of 10,994 nonprofits in michigan. Against NTEE Y: Mutual & Membership Benefit: months of reserves 63.9 months, above the peer median of 31.4 months; officer compensation share of expenses 0.2%, below the peer median of 0.3%; contributions share of revenue 0.0%, at the peer median of 0.0%; surplus margin 23.2%, above the peer median of 9.2%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $63.0M | $188.6k | $21.4M | $198.5k |
| Total expenses | $48.3M | $152.2k | $20.3M | $179.6k |
| Total assets | $260.5M | $1.4M | $29.5M | $761.5k |
| Net assets | $257.4M | $1.2M | $17.4M | $615.1k |
| Officer compensation (total per organisation) | $84.2k | $23.0k | $625.8k | $114.3k |
| Program service revenue share | 75.4% | 54.5% | 73.7% | 13.4% |
| Contributions share of revenue | 0.0% | 0.0% | 12.5% | 55.6% |
| Officer compensation share of expenses | 0.2% | 0.3% | 2.6% | 6.6% |
| Months of reserves | 63.9 months | 31.4 months | 9.5 months | 12.4 months |
| Surplus margin | 23.2% | 9.2% | 2.1% | 4.3% |
Year by year
5 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $63.0M | $48.3M | $257.4M | 63.9 months | $84.2k | 4,864 |
| 2023 | $50.4M | $44.4M | $232.5M | 62.9 months | $63.4k | 8,697 |
| 2022 | $50.0M | $37.0M | $200.7M | 65.0 months | $74.6k | 9,205 |
| 2020 | $43.8M | $33.1M | $214.0M | 77.5 months | $70.0k | 9,161 |
| 2019 | $53.2M | $38.8M | $189.9M | 58.7 months | $66.5k | 7,646 |
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