Masiphumelele Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 289,240 | 290,471 | −1,231 | 3.2 | 0% |
| 2021 | 266,838 | 248,072 | 18,766 | 4.6 | 0% |
| 2022 | 350,249 | 297,097 | 53,152 | 6.0 | 0% |
| 2023 | 304,475 | 257,132 | 47,343 | 9.2 | 0% |
In its most recent public year (2023), this organization brought in $47,343 more than it spent. Its reserves stood at about 9.2 months of spending, up from 3.2 in 2020. Staff pay was 0% 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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