Richard J Caron Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,836,912 | 65,490,292 | 14,346,620 | 13.7 | 37% |
| 2012 | 73,965,421 | 72,807,344 | 1,158,077 | 12.5 | 35% |
| 2013 | 81,022,208 | 75,444,069 | 5,578,139 | 13.1 | 38% |
| 2014 | 90,844,643 | 77,782,535 | 13,062,108 | 15.0 | 38% |
| 2015 | 68,896,909 | 77,637,093 | −8,740,184 | 14.9 | 39% |
| 2016 | 80,857,944 | 89,777,274 | −8,919,330 | 11.4 | 32% |
| 2017 | 85,902,240 | 78,670,097 | 7,232,143 | 14.5 | 38% |
| 2018 | 88,377,415 | 80,258,023 | 8,119,392 | 15.5 | 40% |
| 2019 | 94,630,234 | 86,463,076 | 8,167,158 | 15.6 | 41% |
| 2020 | 91,634,651 | 92,015,723 | −381,072 | 14.3 | 39% |
| 2021 | 101,635,363 | 97,326,076 | 4,309,287 | 15.3 | 37% |
| 2022 | 95,701,401 | 97,980,601 | −2,279,200 | 13.2 | 40% |
| 2023 | 85,039,622 | 94,172,802 | −9,133,180 | 12.8 | 41% |
In its most recent public year (2023), this organization spent $9,133,180 more than it brought in. Its reserves stood at about 12.8 months of spending. Staff pay was 41% of spending. $47,539,161 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
Richard J Caron Foundation'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