Financials

Our strong programmatic results have led to sustained growth over our 15-year history.

Our revenues were $44M in 2021 (audited financials appear below) and $48M in 2022 (preliminary). We project revenues to exceed $53M in 2023.

We have a diverse mix of funders — foundations, government donors, and UN agencies. They trust us to get results, and many fund our work year after year. One way we add value is by connecting complementary initiatives and funders so they can work together to achieve large-scale, sustained impact.

This diverse mix of funders, with varied financial rules, can make it difficult for us to fully recover our costs, let alone make new investments that enable connections across programs. To achieve the vision outlined in our current strategic plan, we are seeking to raise significant flexible funds to complement our current project-oriented funding. If you would like to provide flexible support to R4D and make a difference in the lives of millions of people, donate to R4D today.

R4D's revenue and expenses in 2021

Financial Statement for Fiscal Year 2021

FY21
ASSETS
Cash and cash equivalents $3,201,496
Investments $3,964,346
Grants and contracts receivable $7,578,228
Prepaid expenses $79,875
Property and equipment, net $1,935,504
TOTAL ASSETS $16,759,449
 
LIABILITIES AND NET ASSETS
Liabilities
Accounts payable and accrued expenses $1,369,495
Accrued payroll $728,153
Grants payable $2,291,226
Deferred revenue $6,215,824
Deferred rent $2,483,258
TOTAL LIABILITIES $13,087,956
Net Assets
Unrestricted (deficit) ($2,289,215)
Temporarily restricted $5,960,493
TOTAL NET ASSETS $3,671,493
TOTAL LIABILITIES AND NET ASSETS $16,759,449

See Past Financial Statements

Global & Regional Initiatives

R4D is a globally recognized leader for designing initiatives that connect implementers, experts and funders across countries to build knowledge and get that knowledge into practice.