Redeemed Outreach Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 240,705 | 196,962 | 43,743 | 4.9 | 54% |
| 2019 | 50,161 | 71,126 | −20,965 | 9.6 | — |
| 2020 | 114,974 | 62,004 | 52,970 | 10.4 | — |
| 2021 | 118,287 | 147,716 | −29,429 | 1.1 | — |
| 2022 | 49,563 | 30,089 | 19,474 | 47.1 | — |
| 2023 | 220,630 | 29,610 | 191,020 | 125.3 | 72% |
In its most recent public year (2023), this organization brought in $191,020 more than it spent. Its reserves stood at about 125.3 months of spending, up from 4.9 in 2018. Staff pay was 72% of spending.
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
Redeemed Outreach Community Development Corporation'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