Grand Rapids Nehemiah Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 1,066,658 | 877,126 | 189,532 | 8.1 | 67% |
| 2019 | 1,526,002 | 1,287,986 | 238,016 | 7.9 | 67% |
| 2020 | 2,913,058 | 1,405,731 | 1,507,327 | 19.7 | 47% |
| 2021 | 2,123,193 | 1,628,423 | 494,770 | 20.6 | 55% |
| 2022 | 2,847,658 | 2,001,576 | 846,082 | 22.9 | 51% |
| 2023 | 2,545,055 | 2,712,083 | −167,028 | 16.3 | 6% |
In its most recent public year (2023), this organization spent $167,028 more than it brought in. Its reserves stood at about 16.3 months of spending, up from 8.1 in 2018. Staff pay was 6% of spending. $1,269,572 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
Grand Rapids Nehemiah 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