Closing The Gap
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 58,012 | 66,692 | −8,680 | 7.4 | — |
| 2015 | 67,693 | 59,616 | 8,077 | 9.9 | — |
| 2016 | 56,524 | 17,984 | 38,540 | 58.6 | — |
| 2017 | 41,337 | 46,844 | −5,507 | 21.1 | — |
| 2018 | 30,566 | 45,965 | −15,399 | 17.5 | — |
| 2019 | 23,737 | 30,486 | −6,749 | 23.7 | — |
| 2020 | 42,471 | 34,100 | 8,371 | 24.1 | — |
| 2021 | 24,698 | 34,545 | −9,847 | 20.4 | — |
| 2022 | 29,946 | 25,750 | 4,196 | 29.3 | — |
| 2023 | 21,767 | 29,608 | −7,841 | 22.3 | — |
In its most recent public year (2023), this organization spent $7,841 more than it brought in. Its reserves stood at about 22.3 months of spending, up from 7.4 in 2014.
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
Closing The Gap'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