Horatio Alger Endowment Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 24,433,579 | 2,014,199 | 22,419,380 | 510.8 | 1% |
| 2012 | 12,503,849 | 2,260,124 | 10,243,725 | 541.2 | 6% |
| 2013 | 18,282,037 | 2,492,306 | 15,789,731 | 637.9 | 6% |
| 2014 | 31,694,668 | 6,079,963 | 25,614,705 | 301.3 | 4% |
| 2015 | 36,374,870 | 9,260,321 | 27,114,549 | 221.5 | 3% |
| 2016 | 14,006,271 | 7,820,524 | 6,185,747 | 286.1 | 4% |
| 2017 | 43,388,283 | 12,501,783 | 30,886,500 | 224.0 | 3% |
| 2018 | 20,899,848 | 8,665,226 | 12,234,622 | 306.6 | 4% |
| 2019 | 27,173,917 | 11,348,007 | 15,825,910 | 265.7 | 3% |
| 2020 | 16,840,883 | 8,944,491 | 7,896,392 | 368.2 | 4% |
| 2021 | 58,271,352 | 8,352,050 | 49,919,302 | 464.0 | 5% |
| 2022 | 41,403,763 | 7,017,611 | 34,386,152 | 525.7 | 6% |
| 2023 | 12,596,913 | 15,504,446 | −2,907,533 | 253.5 | 3% |
In its most recent public year (2023), this organization spent $2,907,533 more than it brought in. Its reserves stood at about 253.5 months of spending, down from 510.8 in 2011. Staff pay was 3% of spending. $15,096,129 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
Horatio Alger Endowment Fund'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