Turkish Philanthropy Funds Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,003,836 | 2,520,654 | 483,182 | 62.2 | 14% |
| 2021 | 5,368,170 | 2,918,991 | 2,449,179 | 70.0 | 11% |
| 2022 | 4,913,066 | 3,711,745 | 1,201,321 | 50.9 | 12% |
| 2023 | 28,424,188 | 12,876,766 | 15,547,422 | 30.6 | 4% |
In its most recent public year (2023), this organization brought in $15,547,422 more than it spent. Its reserves stood at about 30.6 months of spending, down from 62.2 in 2020. Staff pay was 4% of spending. $18,812,530 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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