The Grateful Garment Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,442 | 2,060 | 5,382 | 31.4 | 0% |
| 2012 | 26,507 | 8,363 | 18,144 | 16.5 | 0% |
| 2013 | 62,830 | 43,899 | 18,931 | 3.3 | 0% |
| 2014 | 121,231 | 107,230 | 14,001 | 2.9 | 18% |
| 2015 | 119,704 | 112,888 | 6,816 | 3.5 | 20% |
| 2016 | 212,683 | 172,625 | 40,058 | 5.2 | 18% |
| 2017 | 319,073 | 252,538 | 66,535 | 6.7 | 27% |
| 2018 | 449,977 | 451,182 | −1,205 | 3.7 | 0% |
| 2019 | 508,213 | 524,722 | −16,509 | 2.8 | 24% |
| 2020 | 655,784 | 594,702 | 61,082 | 3.7 | 26% |
| 2021 | 509,305 | 519,889 | −10,584 | 5.9 | 24% |
| 2022 | 485,732 | 520,188 | −34,456 | 5.0 | 35% |
| 2023 | 488,990 | 562,722 | −73,732 | 3.1 | 27% |
In its most recent public year (2023), this organization spent $73,732 more than it brought in. Its reserves stood at about 3.1 months of spending, down from 31.4 in 2011. Staff pay was 27% 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
The Grateful Garment Project'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