Rainier Scholars
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,366,836 | 2,194,442 | 172,394 | 16.4 | 61% |
| 2012 | 2,648,284 | 2,431,497 | 216,787 | 15.8 | 63% |
| 2013 | 2,735,584 | 2,506,654 | 228,930 | 16.5 | 62% |
| 2014 | 4,948,097 | 3,022,647 | 1,925,450 | 21.5 | 62% |
| 2015 | 4,017,560 | 3,248,168 | 769,392 | 22.8 | 60% |
| 2016 | 3,792,406 | 3,533,410 | 258,996 | 21.5 | 57% |
| 2017 | 3,817,878 | 3,973,406 | −155,528 | 19.3 | 58% |
| 2018 | 4,587,764 | 4,349,737 | 238,027 | 18.6 | 57% |
| 2019 | 4,091,483 | 4,599,989 | −508,506 | 16.6 | 58% |
| 2020 | 5,080,909 | 4,646,472 | 434,437 | 17.5 | 61% |
| 2021 | 8,396,083 | 4,875,128 | 3,520,955 | 27.6 | 59% |
| 2022 | 6,541,152 | 6,106,593 | 434,559 | 20.4 | 53% |
| 2023 | 7,263,205 | 8,887,506 | −1,624,301 | 12.3 | 60% |
In its most recent public year (2023), this organization spent $1,624,301 more than it brought in. Its reserves stood at about 12.3 months of spending, down from 16.4 in 2011. Staff pay was 60% of spending. $1,233,119 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
Rainier Scholars'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