Friends Of Refugees Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,201,094 | 1,762,619 | 438,475 | 14.2 | 48% |
| 2021 | 1,621,851 | 1,777,175 | −155,324 | 13.4 | 42% |
| 2022 | 1,947,998 | 1,864,657 | 83,341 | 10.1 | 62% |
| 2023 | 1,837,734 | 2,570,695 | −732,961 | 4.1 | 58% |
In its most recent public year (2023), this organization spent $732,961 more than it brought in. Its reserves stood at about 4.1 months of spending, down from 14.2 in 2020. Staff pay was 58% 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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