DETROIT REGIONAL CHAMBER FOUNDATION INC

DETROIT REGIONAL CHAMBER FOUNDATION INC

Detroit, MI, US
501(c)3
EIN
38-2352462
Regional Funder

DETROIT REGIONAL CHAMBER FOUNDATION INC

Detroit, MI, US
501(c)3
EIN
38-2352462
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025

$18,179,877

Contributions
81%
Other
14%
Program Services
5%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025

$15,285,683

Salaries & Benefits
44%
Fees to Service Providers
26%
Other
19%
Grants
5%
Advertising & Promotion
4%
Offices, Occupancy & IT
3%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$9,127,852
$14,648,034
+60%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,274,299
$974,751
-24%
Membership Dues
$0
$0
-
Investments
$72,141
$57,092
-21%
Other
$1,500,000
$2,500,000
+67%
Total Revenues
$11,974,292
$18,179,877
+52%
Expenses
2024
2025
Change
Grants
$1,023,963
$697,148
-32%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,750,388
$6,669,758
+16%
Fees to Service Providers
$2,868,924
$3,980,252
+39%
Advertising & Promotion
$441,104
$547,076
+24%
Offices, Occupancy & IT
$432,308
$489,452
+13%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$3,055,068
$2,901,997
-5%
Total Expenses
$13,571,755
$15,285,683
+13%
Net income
2024
2025
Change
Net income
-$1,597,463
+$2,894,194
-281%
Functional Expenses
Summary
2024
2025
Change
Program
$11,663,566
$12,670,925
+9%
Admin
$1,698,179
$2,345,293
+38%
Fundraising
$210,010
$269,465
+28%
Total Expenses
$13,571,755
$15,285,683
+13%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)