Jewish Federation Of Grand Rapids
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,668,643 | 589,986 | 1,078,657 | 82.3 | 35% |
| 2021 | 1,822,305 | 1,319,635 | 502,670 | 45.4 | 12% |
| 2022 | 785,055 | 741,004 | 44,051 | 75.0 | 10% |
| 2023 | 1,096,159 | 753,632 | 342,527 | 77.9 | 10% |
In its most recent public year (2023), this organization brought in $342,527 more than it spent. Its reserves stood at about 77.9 months of spending, down from 82.3 in 2020. Staff pay was 10% of spending. $2,363,985 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
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