Rotary Club Of Grand Rapids- Charities Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 104,833 | 94,054 | 10,779 | 66.8 | 0% |
| 2011 | 101,999 | 80,977 | 21,022 | 77.5 | 0% |
| 2012 | 93,706 | 48,283 | 45,423 | 154.2 | 0% |
| 2013 | 92,254 | 72,170 | 20,084 | 114.4 | 0% |
| 2014 | 102,627 | 54,674 | 47,953 | 158.2 | 0% |
| 2015 | 133,389 | 72,875 | 60,514 | 120.4 | 0% |
| 2016 | 101,116 | 89,295 | 11,821 | 135.6 | 0% |
| 2017 | 161,893 | 107,938 | 53,955 | 126.2 | 0% |
| 2018 | 171,097 | 96,197 | 74,900 | 0.0 | 0% |
| 2019 | 146,696 | 86,881 | 59,815 | 184.0 | 0% |
| 2020 | 70,937 | 79,890 | −8,953 | 221.6 | 0% |
| 2021 | 141,494 | 162,344 | −20,850 | 115.7 | 0% |
| 2022 | 149,165 | 101,214 | 47,951 | 158.9 | 0% |
| 2023 | 122,019 | 113,977 | 8,042 | 154.8 | 0% |
In its most recent public year (2023), this organization brought in $8,042 more than it spent. Its reserves stood at about 154.8 months of spending, up from 66.8 in 2010. Staff pay was 0% 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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