Millhill Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 364,219 | 364,840 | −621 | 3.1 | 0% |
| 2012 | 412,062 | 348,085 | 63,977 | 5.5 | 0% |
| 2013 | 455,696 | 346,355 | 109,341 | 9.3 | 0% |
| 2014 | 481,414 | 300,648 | 180,766 | 17.9 | 0% |
| 2015 | 505,098 | 332,967 | 172,131 | 22.4 | 0% |
| 2016 | 521,504 | 412,290 | 109,214 | 21.3 | 0% |
| 2017 | 502,654 | 439,732 | 62,922 | 21.7 | 0% |
| 2018 | 630,848 | 389,767 | 241,081 | 32.5 | 0% |
| 2019 | 682,909 | 495,304 | 187,605 | 30.4 | 0% |
| 2020 | 820,755 | 601,931 | 218,824 | 30.0 | 0% |
| 2021 | 657,109 | 516,826 | 140,283 | 40.9 | 0% |
| 2022 | 870,124 | 646,459 | 223,665 | 35.4 | 0% |
| 2023 | 700,449 | 912,884 | −212,435 | 22.8 | 0% |
In its most recent public year (2023), this organization spent $212,435 more than it brought in. Its reserves stood at about 22.8 months of spending, up from 3.1 in 2011. Staff pay was 0% of spending. $56,271 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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