Kestrel Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,081,160 | 4,988,707 | 92,453 | 5.5 | 28% |
| 2012 | 6,343,985 | 6,022,415 | 321,570 | 5.2 | 31% |
| 2013 | 7,224,441 | 7,012,561 | 211,880 | 4.9 | 32% |
| 2014 | 6,622,218 | 6,537,412 | 84,806 | 5.4 | 32% |
| 2015 | 4,928,796 | 4,933,264 | −4,468 | 7.1 | 42% |
| 2016 | 4,384,643 | 4,584,316 | −199,673 | 7.1 | 44% |
| 2017 | 4,735,125 | 4,935,105 | −199,980 | 6.1 | 37% |
| 2018 | 4,301,902 | 4,657,708 | −355,806 | 5.6 | 38% |
| 2019 | 2,443,519 | 3,470,913 | −1,027,394 | 3.9 | 50% |
| 2020 | 3,527,984 | 3,634,705 | −106,721 | 3.4 | 55% |
| 2021 | 3,386,483 | 3,047,131 | 339,352 | 5.6 | 54% |
| 2022 | 4,129,396 | 3,535,772 | 593,624 | 6.8 | 54% |
| 2023 | 4,431,338 | 4,065,847 | 365,491 | 7.0 | 52% |
In its most recent public year (2023), this organization brought in $365,491 more than it spent. Its reserves stood at about 7 months of spending, up from 5.5 in 2011. Staff pay was 52% 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
Kestrel Institute'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