Universities Allied For Essential Medicines Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 384,216 | 260,605 | 123,611 | 13.9 | 57% |
| 2020 | 249,847 | 302,702 | −52,855 | 9.9 | 52% |
| 2021 | 298,979 | 271,144 | 27,835 | 12.2 | 55% |
| 2022 | 152,365 | 237,480 | −85,115 | 9.7 | 57% |
| 2023 | 146,749 | 172,720 | −25,971 | 11.5 | 51% |
In its most recent public year (2023), this organization spent $25,971 more than it brought in. Its reserves stood at about 11.5 months of spending, down from 13.9 in 2019. Staff pay was 51% 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
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