Redemption Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 129,335 | 137,331 | −7,996 | -0.3 | — |
| 2020 | 147,324 | 187,892 | −40,568 | -2.8 | — |
| 2021 | 215,175 | 347,480 | −132,305 | -6.1 | 35% |
| 2022 | 535,240 | 487,405 | 47,835 | -3.2 | 54% |
| 2023 | 547,879 | 630,719 | −82,840 | -4.0 | 45% |
In its most recent public year (2023), this organization spent $82,840 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4 months), down from -0.3 in 2019. Staff pay was 45% 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
Redemption 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