Italian Welfare League Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 241,823 | 190,962 | 50,861 | 7.5 | 0% |
| 2012 | 231,019 | 236,187 | −5,168 | 5.8 | 6% |
| 2013 | 245,062 | 233,847 | 11,215 | 6.5 | 12% |
| 2014 | 176,025 | 82,052 | 93,973 | 32.9 | 34% |
| 2015 | 256,736 | 254,213 | 2,523 | 10.8 | 12% |
| 2016 | 291,766 | 251,369 | 40,397 | 13.0 | 12% |
| 2017 | 381,548 | 259,246 | 122,302 | 18.9 | 15% |
| 2018 | 295,500 | 289,194 | 6,306 | 17.3 | 11% |
| 2019 | 266,630 | 288,198 | −21,568 | 16.8 | 12% |
| 2020 | 185,320 | 272,588 | −87,268 | 13.7 | 11% |
| 2021 | 268,030 | 172,263 | 95,767 | 30.0 | 15% |
| 2022 | 370,892 | 294,830 | 76,062 | 19.9 | 10% |
| 2023 | 351,727 | 400,876 | −49,149 | 13.7 | 10% |
In its most recent public year (2023), this organization spent $49,149 more than it brought in. Its reserves stood at about 13.7 months of spending, up from 7.5 in 2011. Staff pay was 10% of spending. $1,541 of its net assets are donor-restricted.
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
Italian Welfare League Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works