Redeemers Learning Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 251,846 | 216,112 | 35,734 | 1.9 | 55% |
| 2018 | 350,228 | 293,474 | 56,754 | 3.7 | 50% |
| 2019 | 394,863 | 325,914 | 68,949 | 5.9 | 34% |
| 2020 | 281,441 | 242,952 | 38,489 | 9.8 | 38% |
| 2021 | 527,523 | 364,543 | 162,980 | 11.3 | 38% |
| 2022 | 1,138,531 | 846,726 | 291,805 | 9.0 | 35% |
| 2023 | 1,282,573 | 1,259,662 | 22,911 | 6.3 | 22% |
In its most recent public year (2023), this organization brought in $22,911 more than it spent. Its reserves stood at about 6.3 months of spending, up from 1.9 in 2017. Staff pay was 22% 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
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