Friends Of The Drexel
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 610,760 | 668,393 | −57,633 | 2.7 | 13% |
| 2012 | 787,222 | 747,727 | 39,495 | 2.9 | 22% |
| 2013 | 909,889 | 790,307 | 119,582 | 4.6 | 20% |
| 2014 | 723,277 | 761,970 | −38,693 | 4.1 | 20% |
| 2015 | 630,956 | 753,274 | −122,318 | 2.2 | 21% |
| 2016 | 540,866 | 705,412 | −164,546 | -0.4 | 22% |
| 2017 | 503,318 | 488,099 | 15,219 | -0.2 | 39% |
| 2018 | 543,407 | 455,843 | 87,564 | 2.0 | 41% |
| 2019 | 561,456 | 504,925 | 56,531 | 3.2 | 40% |
| 2020 | 418,375 | 286,470 | 131,905 | 11.1 | 41% |
| 2021 | 972,882 | 416,391 | 556,491 | 23.7 | 28% |
| 2022 | 673,067 | 604,052 | 69,015 | 17.7 | 30% |
| 2023 | 737,909 | 746,021 | −8,112 | 14.2 | 27% |
In its most recent public year (2023), this organization spent $8,112 more than it brought in. Its reserves stood at about 14.2 months of spending, up from 2.7 in 2011. Staff pay was 27% of spending. $4,188 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
Friends Of The Drexel'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