Long Beach Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,667,302 | 1,988,564 | 2,678,738 | 66.2 | 11% |
| 2012 | 1,957,087 | 1,303,429 | 653,658 | 111.7 | 16% |
| 2013 | 5,118,592 | 1,447,019 | 3,671,573 | 130.2 | 12% |
| 2014 | 2,549,654 | 1,238,630 | 1,311,024 | 170.0 | 15% |
| 2015 | 3,796,246 | 2,403,233 | 1,393,013 | 92.9 | 10% |
| 2016 | 2,084,968 | 1,782,601 | 302,367 | 132.1 | 13% |
| 2017 | 4,630,100 | 2,559,613 | 2,070,487 | 110.2 | 10% |
| 2018 | 18,866,153 | 2,467,013 | 16,399,140 | 181.6 | 10% |
| 2019 | 4,820,909 | 5,509,423 | −688,514 | 89.4 | 6% |
| 2020 | 6,407,274 | 6,067,771 | 339,503 | 85.5 | 6% |
| 2021 | 10,436,779 | 5,195,573 | 5,241,206 | 115.1 | 7% |
| 2022 | 4,523,032 | 5,407,584 | −884,552 | 92.6 | 7% |
| 2023 | 6,386,366 | 4,375,819 | 2,010,547 | 131.0 | 8% |
In its most recent public year (2023), this organization brought in $2,010,547 more than it spent. Its reserves stood at about 131 months of spending, up from 66.2 in 2011. Staff pay was 8% of spending. $13,363,974 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
Long Beach Community 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