Grit Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,237,405 | 1,044,401 | 193,004 | 27.0 | 16% |
| 2012 | 1,224,792 | 1,057,251 | 167,541 | 28.6 | 16% |
| 2013 | 1,189,596 | 3,519,340 | −2,329,744 | 0.6 | 5% |
| 2014 | 1,368,004 | 1,835,532 | −467,528 | -1.8 | 9% |
| 2015 | 1,466,357 | 1,198,691 | 267,666 | -0.1 | 14% |
| 2016 | 1,506,971 | 1,360,563 | 146,408 | 1.2 | 14% |
| 2017 | 1,447,141 | 1,388,043 | 59,098 | 1.7 | 13% |
| 2018 | 1,440,274 | 1,460,535 | −20,261 | 1.4 | 13% |
| 2019 | 1,628,128 | 1,507,368 | 120,760 | 2.3 | 12% |
| 2020 | 1,663,141 | 1,565,652 | 97,489 | 3.0 | 13% |
| 2021 | 1,683,741 | 1,605,017 | 78,724 | 3.5 | 12% |
| 2022 | 1,616,011 | 1,743,553 | −127,542 | 2.4 | 13% |
| 2023 | 1,669,364 | 1,763,826 | −94,462 | 1.7 | 14% |
In its most recent public year (2023), this organization spent $94,462 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 27 in 2011. Staff pay was 14% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Grit Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works