Catholic Foundation For The Diocese Of Davenport
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $247,875 | $700,071 | −$452,196 | 212.8 | 5% |
| 2021 | $206,406 | $723,184 | −$516,778 | 271.4 | 6% |
| 2022 | $6,997,773 | $1,629,972 | $5,367,801 | 138.1 | 3% |
| 2023 | $14,632,933 | $1,999,371 | $12,633,562 | 197.8 | 2% |
In its most recent public year (2023), this organization brought in $12,633,562 more than it spent. Its reserves stood at about 197.8 months of spending, down from 212.8 in 2020. Staff pay was 2% of spending. $21,475,884 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 ↗
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