Bags Of Love
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 81,791 | 101,711 | −19,920 | 3.0 | — |
| 2012 | 146,868 | 104,038 | 42,830 | 7.8 | — |
| 2013 | 130,576 | 61,951 | 68,625 | 26.4 | — |
| 2014 | 408,131 | 320,658 | 87,473 | 8.4 | 0% |
| 2015 | 139,677 | 110,989 | 28,688 | 9.7 | 4% |
| 2016 | 415,956 | 232,316 | 183,640 | 14.1 | 12% |
| 2017 | 547,372 | 557,547 | −10,175 | 5.7 | 12% |
| 2018 | 621,405 | 549,409 | 71,996 | 7.3 | 12% |
| 2019 | 691,081 | 628,600 | 62,481 | 7.6 | 16% |
| 2020 | 844,075 | 773,136 | 70,939 | 7.3 | 14% |
| 2021 | 944,868 | 865,040 | 79,828 | 7.6 | 16% |
| 2022 | 1,164,960 | 1,036,550 | 128,410 | 7.8 | 14% |
| 2023 | 1,284,183 | 1,002,743 | 281,440 | 11.5 | 15% |
In its most recent public year (2023), this organization brought in $281,440 more than it spent. Its reserves stood at about 11.5 months of spending, up from 3 in 2011. Staff pay was 15% of spending. $2,103 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
Bags Of Love'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