Based on figures from our accountant’s* most recent audit, the RFC’s expenses in 2021 totaled $707,742 (including grants awarded); $573,561 (81%) of this was for “Program”, $50,448 (7%) was spent on “Fundraising”; and $83,733 (11%) went to “Management and General.” Our 2021 audit is available as a PDF below along with our 990 tax form.
Revenue in 2021 totaled $1,344,512 (not including unrealized gains on investments). Contributions accounted for $573,389 with an additional $77,738 from Interest and Dividends; $203,991 from Planned Giving; $488,400 from Realized Gains on Investments (net); and $994 from Speaker fees & Other Income.
*The RFC’s 2021 audit was conducted by Boisselle, Morton & Wolkowicz, LLP, Certified Public Accountants, Hadley, Massachusetts