Suffolk Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,121,897 | 926,393 | 195,504 | 147.0 | 9% |
| 2021 | 1,568,814 | 903,332 | 665,482 | 168.3 | 11% |
| 2022 | 1,330,106 | 950,723 | 379,383 | 138.9 | 11% |
| 2023 | 1,201,852 | 1,126,082 | 75,770 | 120.6 | 10% |
In its most recent public year (2023), this organization brought in $75,770 more than it spent. Its reserves stood at about 120.6 months of spending, down from 147 in 2020. Staff pay was 10% 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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