Pitt Legal Income Sharing Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 64,975 | 51,808 | 13,167 | 6.0 | — |
| 2012 | 48,109 | 46,435 | 1,674 | 7.1 | — |
| 2013 | 39,968 | 44,642 | −4,674 | 6.2 | — |
| 2014 | 22,814 | 24,446 | −1,632 | 10.4 | — |
| 2015 | 20,593 | 25,356 | −4,763 | 7.8 | — |
| 2016 | 26,551 | 27,921 | −1,370 | 6.5 | — |
| 2017 | 19,521 | 28,032 | −8,511 | 2.8 | — |
| 2018 | 74,222 | 51,675 | 22,547 | 6.8 | — |
| 2019 | 18,268 | 41,083 | −22,815 | 1.9 | — |
| 2020 | 16,627 | 17,878 | −1,251 | 3.4 | — |
| 2021 | 13,612 | 13,475 | 137 | 4.7 | — |
| 2022 | 7,210 | 1,474 | 5,736 | 89.5 | — |
| 2023 | 7,078 | 15,447 | −8,369 | 2.0 | — |
In its most recent public year (2023), this organization spent $8,369 more than it brought in. Its reserves stood at about 2 months of spending, down from 6 in 2011.
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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