Gimmel Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 251,440 | 303,430 | −51,990 | 72.8 | 14% |
| 2021 | 322,418 | 341,993 | −19,575 | 61.8 | 12% |
| 2022 | 330,930 | 314,764 | 16,166 | 60.1 | 14% |
| 2023 | 399,799 | 308,953 | 90,846 | 65.6 | 14% |
In its most recent public year (2023), this organization brought in $90,846 more than it spent. Its reserves stood at about 65.6 months of spending, down from 72.8 in 2020. Staff pay was 14% of spending. $896,581 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
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