Grantmaking Foundations in Michigan
Revenue benchmarks for grantmaking foundations businesses operating in Michigan.
#11 of 50 states-7.9% vs national avg
Average Revenue
$1.6M
per year
Businesses
312
in Michigan
Revenue / Employee
$212K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
3.1
firms per 100K in MI
Total Revenue
$499.5M
all firms in MI
Total Employees
2,357
in MI
How Michigan Compares
National Average$1.7M
Michigan$1.6M
Difference$136K (-7.9%)