Rackspace Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 128,844 | 79,044 | 49,800 | 20.6 | 0% |
| 2012 | 338,889 | 268,302 | 70,587 | 9.2 | 0% |
| 2013 | 546,821 | 435,993 | 110,828 | 8.7 | 0% |
| 2014 | 735,806 | 427,108 | 308,698 | 17.6 | 0% |
| 2015 | 807,028 | 641,352 | 165,676 | 14.8 | 0% |
| 2016 | 857,735 | 762,724 | 95,011 | 13.9 | 0% |
| 2017 | 704,419 | 632,040 | 72,379 | 18.2 | 0% |
| 2018 | 661,042 | 647,578 | 13,464 | 18.0 | 0% |
| 2019 | 582,257 | 486,940 | 95,317 | 26.3 | 0% |
| 2020 | 533,267 | 516,879 | 16,388 | 25.2 | 0% |
| 2021 | 480,124 | 483,229 | −3,105 | 26.8 | 0% |
| 2022 | 235,383 | 494,586 | −259,203 | 19.9 | 0% |
| 2023 | 189,004 | 352,838 | −163,834 | 22.4 | 0% |
In its most recent public year (2023), this organization spent $163,834 more than it brought in. Its reserves stood at about 22.4 months of spending, up from 20.6 in 2011. Staff pay was 0% 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
Rackspace Foundation'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