Charity Search / DETROIT RECOVERY PROJECT
Human Services (P20) 990 on File

DETROIT RECOVERY PROJECT

EIN: 43-2078767 · DETROIT, MI 48203-2857 · United States · FY 2024 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 80/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$7.5M
Total Revenue
$7.3M
Total Expenses
$2.8M
Net Assets
77
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 71.9%
Fundraising Efficiency N/A
Operating Reserve 4.57x
Liability-to-Asset 24.5%
Revenue Diversification 91.8%
Executive Compensation $512K
Compared with Peers
FY 2024
Compared with 7,588 similar organizations (United States, Human Services, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
71.9% 85.5%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
28.1% 11.3%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.4%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
4.6 mo 8.5 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
24.5% 13.3%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
91.8% 93.2%
P10P90
Above median
Revenue growth
Year over year revenue growth
5.1% 7.1%
P10P90
Expense growth
Year over year expense growth
18.0% 7.9%
P10P90
Surplus margin
Surplus as a share of revenue
2.1% 1.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $7.5M $7.3M $2.8M 71.9% 77
2023 $7.1M $6.2M $2.6M 64.4% 63
2022 $5.1M $5.5M $1.5M 50.9% 66
2021 $5.5M $4.7M $1.5M 74.6% 57
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Organization Details
EIN
43-2078767
State
MI
City
DETROIT
ZIP
48203-2857
Classification
P20
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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