Ibrea Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 619,774 | 413,389 | 206,385 | 21.8 | 12% |
| 2012 | 389,303 | 434,888 | −45,585 | 13.4 | 23% |
| 2013 | 417,859 | 391,849 | 26,010 | 15.7 | 28% |
| 2014 | 319,568 | 305,229 | 14,339 | 20.7 | 25% |
| 2015 | 251,435 | 197,465 | 53,970 | 35.3 | 34% |
| 2016 | 413,148 | 337,101 | 76,047 | 23.4 | 22% |
| 2017 | 274,595 | 273,400 | 1,195 | 28.9 | 21% |
| 2018 | 248,918 | 234,845 | 14,073 | 34.4 | 28% |
| 2019 | 254,617 | 209,369 | 45,248 | 41.2 | 26% |
| 2020 | 180,447 | 175,757 | 4,690 | 49.3 | 20% |
| 2021 | 344,213 | 341,612 | 2,601 | 25.5 | 21% |
| 2022 | 405,337 | 301,952 | 103,385 | 30.7 | 26% |
| 2023 | 262,136 | 300,556 | −38,420 | 29.3 | 28% |
In its most recent public year (2023), this organization spent $38,420 more than it brought in. Its reserves stood at about 29.3 months of spending, up from 21.8 in 2011. Staff pay was 28% 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
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