Teen Closet
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 76,474 | 61,409 | 15,065 | 16.7 | — |
| 2019 | 82,011 | 67,885 | 14,126 | 17.6 | — |
| 2020 | 180,845 | 73,661 | 107,184 | 33.7 | — |
| 2021 | 392,470 | 233,152 | 159,318 | 18.8 | 0% |
| 2022 | 319,778 | 298,060 | 21,718 | 15.6 | 0% |
| 2023 | 666,112 | 651,141 | 14,971 | 7.4 | 0% |
In its most recent public year (2023), this organization brought in $14,971 more than it spent. Its reserves stood at about 7.4 months of spending, down from 16.7 in 2018. Staff pay was 0% 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
Teen Closet'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