Truthout
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,694,229 | 2,125,670 | 568,559 | 5.4 | 58% |
| 2022 | 2,314,333 | 2,384,897 | −70,564 | 3.6 | 54% |
| 2023 | 2,666,616 | 2,704,854 | −38,238 | 3.0 | 60% |
In its most recent public year (2023), this organization spent $38,238 more than it brought in. Its reserves stood at about 3 months of spending, down from 5.4 in 2021. Staff pay was 60% 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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