Ibew Local 325 Joint Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,237,200 | 3,286,167 | 2,951,033 | 96.5 | 3% |
| 2021 | 7,199,767 | 4,553,157 | 2,646,610 | 80.6 | 2% |
| 2022 | 8,433,983 | 4,775,709 | 3,658,274 | 68.6 | 2% |
| 2023 | 5,956,629 | 5,568,985 | 387,644 | 61.3 | 1% |
In its most recent public year (2023), this organization brought in $387,644 more than it spent. Its reserves stood at about 61.3 months of spending, down from 96.5 in 2020. Staff pay was 1% 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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