Wave Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,446 | 60,230 | −16,784 | 10.3 | — |
| 2012 | 104,902 | 106,885 | −1,983 | 5.6 | — |
| 2013 | 84,370 | 41,527 | 42,843 | 26.7 | — |
| 2014 | 84,583 | 90,763 | −6,180 | 11.4 | — |
| 2015 | 90,116 | 79,991 | 10,125 | 14.5 | — |
| 2016 | 88,659 | 91,654 | −2,995 | 12.2 | — |
| 2017 | 79,909 | 84,886 | −4,977 | 12.5 | — |
| 2018 | 80,450 | 84,497 | −4,047 | 12.0 | — |
| 2019 | 78,518 | 76,468 | 2,050 | 13.6 | — |
| 2020 | 63,728 | 56,221 | 7,507 | 20.1 | — |
| 2021 | 33,451 | 82,338 | −48,887 | 6.6 | — |
| 2022 | 43,842 | 36,666 | 7,176 | 17.2 | — |
| 2023 | 57,777 | 50,111 | 7,666 | 14.4 | — |
In its most recent public year (2023), this organization brought in $7,666 more than it spent. Its reserves stood at about 14.4 months of spending, up from 10.3 in 2011.
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
Wave 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