TPhilanthropy, 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$12,994,0692%$16,638,21693%$78,304,1313%
2022$13,296,60537%$8,605,12649%$75,789,43212%
2021$21,151,40323%$16,731,48886%$86,019,95727%
2020$17,195,99210%$9,015,4805%$67,920,36012%
2019$15,564,46946%$9,528,8001%$60,531,28014%
2018$28,711,665220%$9,439,52750%$53,265,69256%
2017$8,963,56354%$18,885,366145%$34,163,39720%
2016$5,823,43056%$7,723,20832%$42,634,9875%
2015$13,170,32824%$11,419,76530%$45,078,3522%
2014$17,327,86326%$16,324,972187%$44,264,39410%
2013$23,571,42979%$5,685,61499%$40,367,43486%
2012$13,135,802163%$2,853,16375%$21,653,334109%
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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Comerica Charitable Tr — Detroit, MI | GiveScope