Laundrycares Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 59,730 | 74,561 | −14,831 | 19.2 | — |
| 2018 | 296,922 | 253,857 | 43,065 | 7.7 | 1% |
| 2019 | 703,749 | 487,310 | 216,439 | 9.3 | 16% |
| 2020 | 323,256 | 478,727 | −155,471 | 5.6 | 35% |
| 2021 | 194,345 | 416,667 | −222,322 | 0.0 | 43% |
| 2022 | 846,727 | 615,825 | 230,902 | 4.5 | 35% |
| 2023 | 428,396 | 540,850 | −112,454 | 2.7 | 33% |
In its most recent public year (2023), this organization spent $112,454 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 19.2 in 2017. Staff pay was 33% of spending. $197,711 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
Laundrycares 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