Grand Rapids Community Outreach
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 204,029 | 194,077 | 9,952 | 3.0 | 1% |
| 2017 | 216,949 | 227,863 | −10,914 | 2.0 | 74% |
| 2018 | 169,792 | 181,090 | −11,298 | 1.7 | — |
| 2019 | 132,933 | 123,775 | 9,158 | 3.4 | — |
| 2020 | 163,067 | 162,929 | 138 | 2.6 | — |
| 2021 | 178,544 | 153,667 | 24,877 | 4.7 | — |
| 2022 | 264,031 | 229,417 | 34,614 | 5.0 | 0% |
| 2023 | 169,722 | 197,358 | −27,636 | 4.1 | — |
| 2024 | 194,633 | 166,108 | 28,525 | 6.9 | — |
In its most recent public year (2024), this organization brought in $28,525 more than it spent. Its reserves stood at about 6.9 months of spending, up from 3 in 2016.
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
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