Refugee Development Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 67,775 | 54,041 | 13,734 | 3.4 | — |
| 2017 | 225,622 | 184,265 | 41,357 | 3.6 | 59% |
| 2018 | 279,759 | 291,427 | −11,668 | 1.8 | 41% |
| 2019 | 439,198 | 452,783 | −13,585 | 0.8 | 47% |
| 2020 | 820,429 | 715,898 | 104,531 | 2.2 | 60% |
| 2021 | 1,203,373 | 955,147 | 248,226 | 4.7 | 45% |
| 2022 | 1,755,188 | 1,391,667 | 363,521 | 6.3 | 44% |
| 2023 | 1,759,685 | 1,710,575 | 49,110 | 5.4 | 49% |
In its most recent public year (2023), this organization brought in $49,110 more than it spent. Its reserves stood at about 5.4 months of spending, up from 3.4 in 2016. Staff pay was 49% of spending. $294,496 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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