Litworld International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 712,110 | 874,040 | −161,930 | 17.7 | 49% |
| 2021 | 1,186,300 | 878,133 | 308,167 | 21.9 | 50% |
| 2022 | 1,104,914 | 878,470 | 226,444 | 25.9 | 51% |
| 2023 | 952,655 | 972,463 | −19,808 | 23.6 | 43% |
In its most recent public year (2023), this organization spent $19,808 more than it brought in. Its reserves stood at about 23.6 months of spending, up from 17.7 in 2020. Staff pay was 43% 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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