Believe In Books Literacy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 572,158 | 358,180 | 213,978 | 69.6 | 53% |
| 2012 | 540,163 | 456,789 | 83,374 | 56.7 | 44% |
| 2013 | 452,496 | 442,136 | 10,360 | 58.9 | 42% |
| 2014 | 417,880 | 371,554 | 46,326 | 71.6 | 33% |
| 2015 | 408,901 | 403,127 | 5,774 | 66.1 | 35% |
| 2016 | 363,817 | 368,937 | −5,120 | 72.1 | 45% |
| 2017 | 367,395 | 422,653 | −55,258 | 61.4 | 0% |
| 2018 | 463,080 | 456,746 | 6,334 | 57.0 | 49% |
| 2019 | 622,362 | 473,438 | 148,924 | 58.7 | 52% |
| 2020 | 489,231 | 476,045 | 13,186 | 58.7 | 42% |
| 2021 | 849,892 | 515,471 | 334,421 | 62.0 | 49% |
| 2022 | −108,846 | 339,942 | −448,788 | 78.2 | 39% |
| 2023 | 667,900 | 418,043 | 249,857 | 70.8 | 41% |
In its most recent public year (2023), this organization brought in $249,857 more than it spent. Its reserves stood at about 70.8 months of spending, up from 69.6 in 2011. Staff pay was 41% 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
Believe In Books Literacy 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