Enter the tangible and intangible value to the community ($), the total time invested (days), and the total amount of money spent ($) into the SROI Calculator. The calculator will evaluate the SROI.
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SROI Formula
The following formula is used to calculate the SROI.
SROI = (TV + ITV) / (T+M)
Variables:
- SROI is the SROI
- TV+ITV is the tangible and intangible value to the community ($)
- T is the total time invested (days)
- M is the total amount of money spent ($)
To calculate a social return on investment, add together the tangible and intangible value added to the community, then divide by the sum of the total time invested and money spent.
How to Calculate SROI?
The following steps outline how to calculate the SROI.
- First, determine the tangible and intangible value to the community ($).
- Next, determine the total time invested (days).
- Next, determine the total amount of money spent ($).
- Next, gather the formula from above = SROI = (TV + ITV) / (T+M).
- Finally, calculate the SROI.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem:
Use the following variables as an example problem to test your knowledge.
tangible and intangible value to the community ($) = 50,000
total time invested (days) = 3
total amount of money spent ($) = 20,000
SROI = (TV + ITV) / (T+M) = ?
