Quilts Of Valor Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 281,920 | 250,080 | 31,840 | 2.8 | 0% |
| 2015 | 392,954 | 310,321 | 82,633 | 8.7 | 0% |
| 2016 | 595,400 | 466,665 | 128,735 | 9.1 | 3% |
| 2017 | 830,492 | 659,327 | 171,165 | 9.5 | 2% |
| 2018 | 1,204,651 | 1,044,946 | 159,705 | 7.8 | 10% |
| 2019 | 1,144,710 | 1,103,210 | 41,500 | 7.9 | 10% |
| 2020 | 1,081,904 | 949,941 | 131,963 | 10.9 | 12% |
| 2021 | 1,330,384 | 1,098,004 | 232,380 | 11.8 | 13% |
| 2022 | 1,403,420 | 1,183,015 | 220,405 | 13.0 | 14% |
| 2023 | 1,713,162 | 1,382,302 | 330,860 | 14.1 | 15% |
In its most recent public year (2023), this organization brought in $330,860 more than it spent. Its reserves stood at about 14.1 months of spending, up from 2.8 in 2014. Staff pay was 15% of spending. $87,581 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
Quilts Of Valor Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works