Love Akron
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 83,435 | 81,143 | 2,292 | 2.5 | — |
| 2012 | 163,388 | 164,786 | −1,398 | 1.1 | — |
| 2013 | 154,479 | 135,606 | 18,873 | 3.1 | — |
| 2014 | 155,441 | 121,559 | 33,882 | 6.8 | — |
| 2015 | 130,505 | 127,366 | 3,139 | 7.0 | — |
| 2016 | 138,381 | 143,260 | −4,879 | 5.9 | — |
| 2017 | 163,554 | 155,217 | 8,337 | 6.0 | — |
| 2018 | 227,813 | 143,687 | 84,126 | 13.6 | 65% |
| 2019 | 110,963 | 220,293 | −109,330 | 2.9 | 70% |
| 2020 | 214,905 | 250,377 | −35,472 | 0.8 | 71% |
| 2021 | 374,812 | 268,402 | 106,410 | 5.5 | 64% |
| 2022 | 374,039 | 377,248 | −3,209 | 3.8 | 60% |
| 2023 | 483,882 | 480,563 | 3,319 | 3.6 | 47% |
In its most recent public year (2023), this organization brought in $3,319 more than it spent. Its reserves stood at about 3.6 months of spending, up from 2.5 in 2011. Staff pay was 47% of spending. $89,061 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
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