Grove Collective Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 945,000 | 487,396 | 457,604 | 11.4 | 16% |
| 2023 | 1,244,988 | 860,560 | 384,428 | 8.8 | 21% |
In its most recent public year (2023), this organization brought in $384,428 more than it spent. Its reserves stood at about 8.8 months of spending, down from 11.4 in 2022. Staff pay was 21% of spending. $430,172 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
Grove Collective Foundation'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