First Midwest Charitable Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 971,967 | 704,105 | 267,862 | 94.2 | 0% |
| 2012 | 367,864 | 413,261 | −45,397 | 159.3 | 0% |
| 2013 | 1,838,724 | 612,974 | 1,225,750 | 131.4 | 0% |
| 2014 | 1,260,858 | 544,524 | 716,334 | 163.7 | 0% |
| 2015 | 454,088 | 646,160 | −192,072 | 134.4 | 0% |
| 2016 | 717,670 | 868,729 | −151,059 | 97.8 | 0% |
| 2017 | 1,171,880 | 800,976 | 370,904 | 111.7 | 0% |
| 2018 | 2,708,384 | 1,441,439 | 1,266,945 | 72.6 | 0% |
| 2019 | 1,121,163 | 1,661,719 | −540,556 | 59.1 | 0% |
| 2020 | 2,371,011 | 1,541,283 | 829,728 | 70.2 | 0% |
| 2021 | 4,662,671 | 1,220,577 | 3,442,094 | 122.8 | 9% |
| 2022 | 551,093 | 1,142,016 | −590,923 | 124.2 | 8% |
| 2023 | 639,589 | 914,005 | −274,416 | 140.0 | 10% |
In its most recent public year (2023), this organization spent $274,416 more than it brought in. Its reserves stood at about 140 months of spending, up from 94.2 in 2011. Staff pay was 10% 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
First Midwest Charitable Trust'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