INVEST DETROIT FOUNDATION is a Public Charity headquartered in DETROIT, MI. Financial data from the 2024 filing: $32.4M revenue, $22.2M expenses, $208.6M total assets. 19 publicly reported grants to this organization, totaling roughly $22.7M, appear in IRS filings.
IDF PROMOTES A HIGHER QUALITY OF LIFE FOR DISTRESSED COMMUNITIES, PRIMARILY IN THE CITY OF DETROIT THROUGH ATTRACTING NEW INDUSTRY, ENCOURAGING THE DEVELOPMENT OF BUSINESS, HOUSING, TRANSPORTATION AND OTHER COMMUNITY RESOURCES. IDF PROVIDES LOANS AND FINANCIAL ASSISTANCE TO PROMOTE COMMUNITY DEVELOPMENT AND COMBAT COMMUNITY DETERIORATION AND ECONOMIC BLIGHT.
How Invest Detroit Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 19 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $32.4M | $22.2M | $208.6M |
| 2023 | $29.6M | $14.3M | $186.5M |
| 2022 | $24.2M | $16.8M | $161.0M |
| 2020 | $36.6M | $12.6M | $153.3M |
| 2019 | $37.5M | $16.6M | $114.8M |
Between 2019 and 2024, reported annual revenue declined from $37.5M to $32.4M (-14%), with total assets most recently reported at $208.6M.
Interactive year-over-year charts and full filing details available with membership.
