Luesther T Mertz Charitable Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,968,264 | 32,696,476 | −25,728,212 | 34.6 | 6% |
| 2021 | 2,179,114 | 116,070,172 | −113,891,058 | 0.6 | 1% |
| 2022 | 2,295,349 | 4,631,145 | −2,335,796 | 3.7 | 8% |
| 2023 | 200,196 | 1,155,611 | −955,415 | 4.7 | 0% |
In its most recent public year (2023), this organization spent $955,415 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 34.6 in 2020. Staff pay was 0% 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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