Nonprofit Revenue Report: Definition, Use & Examples

Definition:

A Nonprofit Revenue Report summarizes all income sources for a nonprofit over a specific period, supporting transparency and financial planning.

A Nonprofit Revenue Report is a financial statement that details all income sources for a nonprofit organization over a specific period. This report typically includes donations, grants, membership dues, fundraising event proceeds, and other earned income. By breaking down revenue by type and source, the report provides transparency to stakeholders and helps organizations track their fundraising effectiveness. It is a critical tool for financial planning, compliance, and reporting to boards, donors, and regulatory bodies. Accurate revenue reporting also supports strategic decision-making and demonstrates accountability in managing charitable funds.

Key Takeaways

Tracks all income sources for a nonprofit
Supports compliance and transparency
Essential for financial planning and reporting
Helps evaluate fundraising effectiveness

Why It Matters

Real World Example

A mid-sized animal rescue nonprofit prepares its annual Nonprofit Revenue Report to present at its board meeting. The report breaks down revenue from individual donations, grants, adoption fees, and a successful fundraising gala. By reviewing this report, the board identifies that grant income increased by 15% compared to the previous year, while event income fell short of expectations. With these insights, the organization decides to focus more on grant writing and improve their event promotion. The clear presentation of revenue sources also reassures major donors and helps the nonprofit maintain its charitable status during an audit.

Frequently Asked Questions

What is included in a Nonprofit Revenue Report?

It typically includes donations, grants, membership dues, fundraising proceeds, and other earned income.

Why do nonprofits need a Revenue Report?

Revenue reports provide transparency, help with compliance, and support strategic financial decisions for the organization.

How does Keela help with revenue reporting?

Keela’s platform automates revenue tracking and reporting, making it easy to generate, customize, and share detailed income reports.

Nonprofit Revenue Report