Association For Consumer Debt Relief
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,760,756 | 2,241,369 | −480,613 | 8.2 | 0% |
| 2021 | 2,517,641 | 2,719,135 | −201,494 | 5.9 | 11% |
| 2022 | 3,144,238 | 2,661,893 | 482,345 | 8.2 | 16% |
| 2023 | 4,292,502 | 3,746,557 | 545,945 | 7.6 | 12% |
In its most recent public year (2023), this organization brought in $545,945 more than it spent. Its reserves stood at about 7.6 months of spending. Staff pay was 12% 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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