Independent Catholic Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,593,151 | 662,997 | 930,154 | 313.8 | 10% |
| 2013 | 2,796,123 | 798,458 | 1,997,665 | 300.4 | 10% |
| 2014 | 5,098,355 | 871,983 | 4,226,372 | 316.4 | 10% |
| 2015 | 3,341,678 | 959,574 | 2,382,104 | 317.3 | 9% |
| 2016 | 611,922 | 936,765 | −324,843 | 320.9 | 10% |
| 2017 | 3,510,212 | 1,123,592 | 2,386,620 | 293.0 | 10% |
| 2018 | 4,119,443 | 1,346,433 | 2,773,010 | 269.2 | 12% |
| 2019 | 3,390,241 | 1,604,653 | 1,785,588 | 239.3 | 5% |
| 2020 | 1,899,342 | 2,070,517 | −171,175 | 184.4 | 6% |
| 2021 | 10,338,366 | 1,812,429 | 8,525,937 | 267.2 | 8% |
| 2022 | 2,096,997 | 2,061,305 | 35,692 | 199.2 | 7% |
In its most recent public year (2022), this organization brought in $35,692 more than it spent. Its reserves stood at about 199.2 months of spending, down from 313.8 in 2012. Staff pay was 7% of spending. $32,735,010 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 2022. 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
Independent Catholic Foundation's IRS filings as a feed — one entry per filing year, through 2022. 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