Grove Action Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 12,016,404 | 1,331,762 | 10,684,642 | 93.3 | 16% |
| 2019 | 41,909,502 | 4,723,174 | 37,186,328 | 121.3 | 24% |
| 2020 | 733,411 | 6,368,740 | −5,635,329 | 80.1 | 21% |
| 2021 | 383,011 | 6,698,806 | −6,315,795 | 64.3 | 20% |
| 2022 | 473,832 | 7,888,181 | −7,414,349 | 41.4 | 18% |
| 2023 | 442,783 | 7,046,018 | −6,603,235 | 35.6 | 20% |
In its most recent public year (2023), this organization spent $6,603,235 more than it brought in. Its reserves stood at about 35.6 months of spending, down from 93.3 in 2018. Staff pay was 20% 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
Grove Action Fund'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