Food And Drug Law Institue Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,936,570 | 3,193,097 | −256,527 | 8.9 | 59% |
| 2021 | 3,553,842 | 3,165,595 | 388,247 | 10.5 | 61% |
| 2022 | 3,818,044 | 3,960,627 | −142,583 | 7.4 | 55% |
| 2023 | 4,006,030 | 4,128,929 | −122,899 | 7.0 | 49% |
In its most recent public year (2023), this organization spent $122,899 more than it brought in. Its reserves stood at about 7 months of spending, down from 8.9 in 2020. Staff pay was 49% of spending. $457,951 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
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