Cathedral Carmel Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 145,010 | 259,250 | −114,240 | 29.6 | 0% |
| 2012 | 171,504 | 63,432 | 108,072 | 141.6 | 0% |
| 2013 | 199,631 | 193,294 | 6,337 | 46.9 | 0% |
| 2014 | 209,981 | 108,783 | 101,198 | 94.4 | 0% |
| 2015 | 152,566 | 63,278 | 89,288 | 179.3 | 0% |
| 2016 | 115,116 | 13,992 | 101,124 | 897.6 | 0% |
| 2017 | 90,697 | 75,765 | 14,932 | 168.1 | 0% |
| 2018 | 129,343 | 104,831 | 24,512 | 113.4 | 0% |
| 2019 | 691,035 | 385,128 | 305,907 | 44.3 | 0% |
| 2020 | 100,000 | 125,411 | −25,411 | 141.8 | 0% |
| 2021 | 176,024 | 114,601 | 61,423 | 165.6 | 0% |
| 2022 | 113,170 | 39,842 | 73,328 | 421.2 | 0% |
| 2023 | 125,799 | 63,389 | 62,410 | 300.7 | 0% |
In its most recent public year (2023), this organization brought in $62,410 more than it spent. Its reserves stood at about 300.7 months of spending, up from 29.6 in 2011. Staff pay was 0% of spending. $49,522 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
Cathedral Carmel 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