990 Scout/ Connect Detroit/ Financials

Financial Information for Connect Detroit

Connect Detroit's annual revenue was $8.8M in tax year 2024, reported on their IRS Form 990. They spent $8.7M in total expenses. 92% went to programs and services.

Financial Breakdown

What is Connect Detroit's total annual expenses?

Connect Detroit spent $8.7M in tax year 2024, according to their IRS Form 990 filing.

How much of Connect Detroit's budget goes to programs?

Connect Detroit spent $7.9M (92% of expenses) on programs and services in tax year 2024.

How much does Connect Detroit spend on overhead?

Connect Detroit's overhead in tax year 2024 includes administrative (8%) and fundraising (0%) of their expenses.

What is Connect Detroit's net worth?

Connect Detroit had net assets of $1.2M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.