Rare Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,151,210 | 12,239,976 | −5,088,766 | 19.2 | 45% |
| 2012 | 26,508,326 | 14,936,212 | 11,572,114 | 25.2 | 44% |
| 2013 | 12,369,587 | 18,130,046 | −5,760,459 | 16.9 | 45% |
| 2014 | 16,832,932 | 21,373,417 | −4,540,485 | 11.7 | 47% |
| 2015 | 20,454,663 | 23,896,492 | −3,441,829 | 8.7 | 45% |
| 2016 | 18,858,126 | 23,612,882 | −4,754,756 | 6.5 | 46% |
| 2017 | 32,924,847 | 25,106,435 | 7,818,412 | 9.8 | 44% |
| 2018 | 21,947,507 | 24,516,728 | −2,569,221 | 8.7 | 41% |
| 2019 | 37,606,393 | 26,926,873 | 10,679,520 | 12.7 | 50% |
| 2020 | 22,917,080 | 25,180,754 | −2,263,674 | 12.6 | 53% |
| 2021 | 37,625,413 | 28,280,886 | 9,344,527 | 15.1 | 43% |
| 2022 | 25,340,932 | 31,019,368 | −5,678,436 | 10.9 | 43% |
| 2023 | 30,861,609 | 32,077,336 | −1,215,727 | 10.1 | 49% |
In its most recent public year (2023), this organization spent $1,215,727 more than it brought in. Its reserves stood at about 10.1 months of spending, down from 19.2 in 2011. Staff pay was 49% of spending. $16,725,968 of its net assets are donor-restricted.
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
Rare 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