Groundswell Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 14,626,503 | 1,677,217 | 12,949,286 | 92.6 | 0% |
| 2016 | 6,903,769 | 7,547,102 | −643,333 | 19.8 | 12% |
| 2017 | 13,445,776 | 10,054,631 | 3,391,145 | 19.0 | 11% |
| 2018 | 8,543,661 | 12,398,826 | −3,855,165 | 11.6 | 12% |
| 2019 | 21,014,931 | 12,218,883 | 8,796,048 | 20.4 | 15% |
| 2020 | 29,691,752 | 16,400,164 | 13,291,588 | 24.9 | 14% |
| 2021 | 24,343,616 | 18,544,605 | 5,799,011 | 25.8 | 17% |
| 2022 | 29,604,689 | 20,741,164 | 8,863,525 | 28.2 | 16% |
| 2023 | 18,645,193 | 24,372,876 | −5,727,683 | 21.2 | 18% |
In its most recent public year (2023), this organization spent $5,727,683 more than it brought in. Its reserves stood at about 21.2 months of spending, down from 92.6 in 2015. Staff pay was 18% of spending. $16,402,510 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
Groundswell Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works