Philemon Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 355,590 | 191,416 | 164,174 | 13.9 | 5% |
| 2021 | 422,730 | 261,120 | 161,610 | 17.6 | 3% |
| 2022 | 170,617 | 181,975 | −11,358 | 24.5 | — |
| 2023 | 173,018 | 222,114 | −49,096 | 17.4 | — |
In its most recent public year (2023), this organization spent $49,096 more than it brought in. Its reserves stood at about 17.4 months of spending, up from 13.9 in 2020.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works