Grand Rapids Economic Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,046,784 | 1,092,243 | −45,459 | 6.7 | 10% |
| 2012 | 1,197,997 | 1,058,857 | 139,140 | 8.5 | 10% |
| 2013 | 1,331,994 | 1,247,625 | 84,369 | 8.0 | 9% |
| 2014 | 1,373,612 | 1,203,685 | 169,927 | 10.0 | 10% |
| 2015 | 1,406,702 | 1,329,070 | 77,632 | 9.8 | 10% |
| 2016 | 1,303,758 | 1,536,446 | −232,688 | 6.7 | 9% |
| 2017 | 1,340,076 | 1,245,919 | 94,157 | 9.1 | 12% |
| 2018 | 1,191,848 | 1,303,410 | −111,562 | 7.6 | 12% |
| 2019 | 1,288,820 | 1,364,961 | −76,141 | 6.6 | 12% |
| 2020 | 598,689 | 659,866 | −61,177 | 12.6 | 7% |
| 2021 | 409,957 | 470,357 | −60,400 | 16.0 | 43% |
| 2022 | 1,376,243 | 1,274,109 | 102,134 | 6.7 | 22% |
| 2023 | 2,191,293 | 2,161,030 | 30,263 | 4.1 | 15% |
| 2024 | 3,090,829 | 3,026,331 | 64,498 | 3.2 | 12% |
In its most recent public year (2024), this organization brought in $64,498 more than it spent. Its reserves stood at about 3.2 months of spending, down from 6.7 in 2011. Staff pay was 12% 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 2024. 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
Grand Rapids Economic Club's IRS filings as a feed — one entry per filing year, through 2024. 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