TPhilanthropy, Voluntarism & GrantmakingEIN: 383373052· Ruling Year: 1998

Comerica Charitable Foundation

Farmington Hills, Michigan

B-Health Score
51B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.77×
Peer Median18.82×
💰
$232K
Total Revenue
📊
$3.7M
Total Expenses
🏦
$2.8M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-93.8%
Year-over-year change (2022 → 2023)
Net Margin
-1477.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.77
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$232,27694%$3,663,593$2,825,54655%
2022$3,763,7813%$3,650,0361%$6,249,3632%
2021$3,665,3675%$3,693,0408%$6,135,618
2020$3,484,61710%$4,028,0325%$6,139,2918%
2019$3,882,060411135%$3,850,33510%$6,690,40645%
2015$944100%$4,270,8585%$4,628,80848%
2014$12,768,320238%$4,051,1638%$8,889,2226338%
2013$3,779,4524%$3,752,91010%$138,06554%
2012$3,940,7362%$4,158,8643%$89,52335%
2011$4,020,613$4,048,182$138,403

Frequently Asked Questions

What does Comerica Charitable Foundation do?

Comerica Charitable Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Comerica Charitable Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Comerica Charitable Foundation has a score of 51/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Comerica Charitable Foundation generate?

Revenue data for Comerica Charitable Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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