Economic Growth Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,862,239 | 3,859,374 | 2,865 | 31.0 | 33% |
| 2012 | 2,067,192 | 3,905,215 | −1,838,023 | 25.3 | 40% |
| 2013 | 3,123,219 | 2,024,953 | 1,098,266 | 55.6 | 38% |
| 2014 | 3,096,625 | 1,751,693 | 1,344,932 | 74.7 | 60% |
| 2015 | 2,231,962 | 2,292,760 | −60,798 | 58.5 | 48% |
| 2016 | 2,842,398 | 3,069,543 | −227,145 | 43.2 | 29% |
| 2017 | 1,720,551 | 1,433,003 | 287,548 | 94.9 | 59% |
| 2018 | 2,776,179 | 1,515,136 | 1,261,043 | 99.8 | 57% |
| 2019 | 2,233,236 | 2,349,509 | −116,273 | 63.7 | 41% |
| 2020 | 3,100,506 | 2,998,593 | 101,913 | 50.4 | 36% |
| 2021 | 2,832,062 | 2,536,728 | 295,334 | 60.4 | 51% |
| 2022 | 2,912,962 | 3,877,223 | −964,261 | 36.2 | 33% |
| 2023 | 4,825,347 | 4,682,632 | 142,715 | 30.3 | 41% |
In its most recent public year (2023), this organization brought in $142,715 more than it spent. Its reserves stood at about 30.3 months of spending. Staff pay was 41% of spending. $1,339,550 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
Economic Growth Foundation'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