Essential Light Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 122,234 | 115,974 | 6,260 | 9.8 | 36% |
| 2021 | 150,069 | 147,491 | 2,578 | 7.9 | 44% |
| 2022 | 119,559 | 104,087 | 15,472 | 13.0 | 36% |
| 2023 | 258,831 | 268,522 | −9,691 | 4.6 | 45% |
In its most recent public year (2023), this organization spent $9,691 more than it brought in. Its reserves stood at about 4.6 months of spending, down from 9.8 in 2020. Staff pay was 45% 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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