T — Philanthropy, Voluntarism & GrantmakingEIN: 651259308· Ruling Year: 2006

Comerica Charitable Tr

Detroit, Michigan

BHealth Score
63B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.70×
Peer Median11.98×
💰
$13.0M
Total Revenue
📊
$16.6M
Total Expenses
🏦
$78.2M
Net Assets
📋
$93K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.3%
Year-over-year change (2022 → 2023)
Net Margin
-28.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.70
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$12,994,069↓2%$16,638,216↑93%$78,304,131↑3%
2022$13,296,605↓37%$8,605,126↓49%$75,789,432↓12%
2021$21,151,403↑23%$16,731,488↑86%$86,019,957↑27%
2020$17,195,992↑10%$9,015,480↓5%$67,920,360↑12%
2019$15,564,469↓46%$9,528,800↑1%$60,531,280↑14%
2018$28,711,665↑220%$9,439,527↓50%$53,265,692↑56%
2017$8,963,563↑54%$18,885,366↑145%$34,163,397↓20%
2016$5,823,430↓56%$7,723,208↓32%$42,634,987↓5%
2015$13,170,328↓24%$11,419,765↓30%$45,078,352↑2%
2014$17,327,863↓26%$16,324,972↑187%$44,264,394↑10%
2013$23,571,429↑79%$5,685,614↑99%$40,367,434↑86%
2012$13,135,802↑163%$2,853,163↑75%$21,653,334↑109%
2011$4,999,130$1,634,877$10,374,426

Frequently Asked Questions

What does Comerica Charitable Tr do?▼

Comerica Charitable Tr is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Comerica Charitable Tr financially healthy?▼

Based on our 9-metric Financial Health Score model, Comerica Charitable Tr has a score of 63/100 (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 Tr generate?▼

Comerica Charitable Tr reports $22.6M in annual revenue and holds $87.1M in total assets, based on IRS filings.

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