Magee Benevolent Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 166,921 | 311,581 | −144,660 | 2.7 | 19% |
| 2012 | 215,027 | 161,192 | 53,835 | 10.5 | 32% |
| 2013 | 245,872 | 128,321 | 117,551 | 24.2 | 36% |
| 2014 | 66,245 | 4,053 | 62,192 | 950.1 | 0% |
| 2015 | 146,268 | 56,828 | 89,440 | 86.6 | 0% |
| 2016 | 100,893 | 135,154 | −34,261 | 33.4 | 0% |
| 2017 | 27,800 | 162,375 | −134,575 | 17.8 | 0% |
| 2018 | 13,634 | 16,865 | −3,231 | 156.0 | — |
| 2019 | 22,697 | 218,228 | −195,531 | 1.3 | — |
| 2020 | 10,665 | 3,377 | 7,288 | 110.1 | — |
| 2021 | 6,371 | 889 | 5,482 | 492.2 | — |
| 2022 | 3,337 | 1,587 | 1,750 | 288.9 | — |
| 2023 | 16,263 | 839 | 15,424 | 767.1 | — |
In its most recent public year (2023), this organization brought in $15,424 more than it spent. Its reserves stood at about 767.1 months of spending, up from 2.7 in 2011.
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
Magee Benevolent 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