CSCharityScored
75

Detroit Economic Growth Corp

Other · Detroit, Michigan

500 Griswold St Ste 2200, Detroit, MI 48226-4402

EIN: 382192028· Founded: May 1978· 48 years active· Filing Year: 2023

Annual Revenue

$9.5M

Total Expenses

$9.5M

Total Assets

$8.5M

Program Spending

94%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.5M

15.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$4.4M

Total Payroll

$5.9M

62% of total expenses

Where the Money Goes

94%
Programs: 94%
Payroll: 62%
Other overhead: 6%
Program Revenue$8.9M (94%)
Total Expenses$9.5M (100%)
Payroll$5.9M (62%)
Overhead (non-program)6%

Trust Score Breakdown

Program Spending Ratio

94% of expenses go to programs

40%

Revenue & Stability

$9.5M annual revenue

15%

Executive Compensation

$1.5M total officer comp (15.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$8.5M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.