The Foster Closet Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,721 | 51,642 | 8,079 | 1.9 | — |
| 2012 | 57,797 | 48,999 | 8,798 | 4.1 | — |
| 2013 | 105,930 | 96,335 | 9,595 | 3.3 | — |
| 2014 | 93,116 | 79,570 | 13,546 | 6.0 | — |
| 2015 | 91,899 | 110,961 | −19,062 | 2.3 | — |
| 2016 | 128,878 | 114,642 | 14,236 | 3.7 | — |
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 150,455 | 152,036 | −1,581 | 2.8 | — |
| 2019 | 613,557 | 457,589 | 155,968 | 8.4 | 8% |
| 2020 | 564,836 | 513,936 | 50,900 | 8.5 | 9% |
| 2021 | 372,208 | 384,292 | −12,084 | 11.0 | 16% |
| 2022 | 480,403 | 465,932 | 14,471 | 10.0 | 21% |
| 2023 | 643,424 | 586,032 | 57,392 | 9.2 | 13% |
In its most recent public year (2023), this organization brought in $57,392 more than it spent. Its reserves stood at about 9.2 months of spending, up from 1.9 in 2011. Staff pay was 13% 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
The Foster Closet Corp'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