DETROIT ECONOMIC GROWTH CORPORATION

DETROIT, MI, 482263480 (313) 963-2940 Est. 1978 EIN 38-2192028

990 - Public charity return 501(c)(4)

www.degc.org

Mission

PROMOTION OF ACTIVITIES TO SPUR ECONOMIC GROWTH AND REVITALIZATION IN THE CITY OF DETROIT

Giving Portfolio

Total Grants

1

Total Giving

$1.6M

Recipients

1

Years Active

2019

Avg grant: $1,600,000 Median: $1,600,000

Sectors Funded

Community Improvement

1

Top States

Michigan

1

Grantee Size Profile

$5M - $10M

1

Top Grantees

DETROIT ECONOMIC GROWTH ASSOCIATION

MI

$1.6M

Grants Awarded · 1 grants

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Financials

Total Revenue

$10,468,570

Total Expenses

$10,432,405

Net Assets

$6,937,301

79 employees

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

8.0 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 1.0%

Expenses ↓ 0.1%

Revenue Sources

Earned revenue 98.0% Investment 2.0%

Expense Breakdown

Program 83.2% Management 16.8%

Officers & Trustees (48)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$10,468,570 ↑	$10,432,405	$6,937,301
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$10,364,824 ↑	$10,446,492	$6,901,136
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$9,492,028 ↓	$9,540,649	$6,982,804
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$10,420,774 ↑	$8,819,151	$7,031,425
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$9,073,481 ↓	$8,341,022	$5,429,802
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$10,136,723 ↑	$10,159,135	$4,697,343
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$8,222,854	$7,946,964	$4,689,725