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Corporation Of The Washington Latin School

Washington, DC / EIN 20-2395640 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20118,257,4497,432,743824,706-0.047%
20129,327,8058,482,916844,8891.250%
201311,110,26410,068,7151,041,5492.248%
201411,662,06710,127,2791,534,7885.350%
201512,528,50810,351,5802,176,9287.055%
201612,397,56710,920,8381,476,7297.953%
201712,409,93211,841,965567,9678.253%
201813,346,24312,824,496521,7478.353%
201913,809,63913,664,177145,4627.854%
202019,198,77514,455,6414,743,13410.856%
202117,054,88214,170,1062,884,77614.063%
202218,255,56217,361,762893,80012.856%
202325,342,05421,895,0983,446,95612.354%

In its most recent public year (2023), this organization brought in $3,446,956 more than it spent. Its reserves stood at about 12.3 months of spending, up from 0 in 2011. Staff pay was 54% of spending. $2,776,907 of its net assets are donor-restricted.

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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