Grundy County Food Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 66,983 | 40,106 | 26,877 | 23.3 | — |
| 2021 | 96,129 | 64,876 | 31,253 | 20.2 | — |
| 2022 | 131,938 | 90,058 | 41,880 | 20.1 | — |
| 2023 | 76,647 | 82,590 | −5,943 | 21.1 | — |
In its most recent public year (2023), this organization spent $5,943 more than it brought in. Its reserves stood at about 21.1 months of spending, down from 23.3 in 2020.
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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