Main Street Closet
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 68,502 | 63,810 | 4,692 | 1.6 | — |
| 2012 | 94,281 | 68,226 | 26,055 | 6.1 | — |
| 2013 | 174,661 | 92,617 | 82,044 | 15.1 | 32% |
| 2014 | 334,348 | 203,719 | 130,629 | 14.6 | 20% |
| 2015 | 440,567 | 261,549 | 179,018 | 19.6 | 20% |
| 2016 | 556,535 | 371,468 | 185,067 | 19.8 | 21% |
| 2017 | 656,988 | 492,734 | 164,254 | 18.9 | 19% |
| 2018 | 732,071 | 566,952 | 165,119 | 19.9 | 18% |
| 2019 | 829,836 | 683,966 | 145,870 | 19.1 | 17% |
| 2020 | 739,423 | 727,881 | 11,542 | 18.1 | 18% |
| 2021 | 1,079,717 | 852,523 | 227,194 | 18.7 | 18% |
| 2022 | 1,161,890 | 1,005,564 | 156,326 | 17.7 | 19% |
| 2023 | 1,277,415 | 1,108,239 | 169,176 | 17.9 | 21% |
In its most recent public year (2023), this organization brought in $169,176 more than it spent. Its reserves stood at about 17.9 months of spending, up from 1.6 in 2011. Staff pay was 21% 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
Main Street Closet's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works