Quilts For Kids Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 150,850 | 237,486 | −86,636 | 9.2 | 15% |
| 2013 | 410,528 | 348,506 | 62,022 | 16.1 | 11% |
| 2014 | 120,987 | 352,271 | −231,284 | 10.6 | 11% |
| 2015 | 127,217 | 208,304 | −81,087 | 14.1 | 18% |
| 2016 | 155,933 | 182,245 | −26,312 | 14.5 | 20% |
| 2017 | 196,108 | 139,634 | 56,474 | 28.2 | 37% |
| 2018 | 199,473 | 120,476 | 78,997 | 40.6 | 41% |
| 2019 | 212,390 | 254,828 | −42,438 | 17.2 | 20% |
| 2020 | 292,795 | 316,323 | −23,528 | 12.9 | 19% |
| 2021 | 342,743 | 317,988 | 24,755 | 13.8 | 21% |
| 2022 | 301,146 | 253,729 | 47,417 | 19.6 | 34% |
| 2023 | 279,656 | 296,161 | −16,505 | 16.1 | 35% |
| 2024 | 502,321 | 307,363 | 194,958 | 23.1 | 43% |
In its most recent public year (2024), this organization brought in $194,958 more than it spent. Its reserves stood at about 23.1 months of spending, up from 9.2 in 2012. Staff pay was 43% 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 2024. 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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