Near East Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,676,868 | 3,578,368 | 98,500 | 14.1 | 26% |
| 2012 | 3,266,748 | 3,659,507 | −392,759 | 10.2 | 25% |
| 2013 | 6,131,798 | 5,188,581 | 943,217 | 9.5 | 24% |
| 2014 | 7,138,624 | 6,952,948 | 185,676 | 8.0 | 27% |
| 2015 | 8,018,688 | 7,613,073 | 405,615 | 7.7 | 28% |
| 2016 | 10,900,174 | 9,777,744 | 1,122,430 | 7.3 | 25% |
| 2017 | 14,660,023 | 14,619,159 | 40,864 | 5.0 | 24% |
| 2018 | 16,129,078 | 16,168,594 | −39,516 | 4.6 | 27% |
| 2019 | 16,989,876 | 16,511,368 | 478,508 | 4.9 | 29% |
| 2020 | 12,936,380 | 13,385,120 | −448,740 | 5.7 | 39% |
| 2021 | 17,064,454 | 16,685,602 | 378,852 | 5.7 | 30% |
| 2022 | 15,526,282 | 15,527,457 | −1,175 | 5.5 | 33% |
| 2023 | 20,135,222 | 19,135,786 | 999,436 | 5.3 | 32% |
In its most recent public year (2023), this organization brought in $999,436 more than it spent. Its reserves stood at about 5.3 months of spending, down from 14.1 in 2011. Staff pay was 32% of spending. $7,294,856 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
Near East Foundation'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