Vedic Educational And Devotional Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,405,987 | 1,136,806 | 269,181 | 43.8 | 54% |
| 2021 | 1,856,196 | 1,399,293 | 456,903 | 39.0 | 43% |
| 2022 | 2,471,811 | 1,811,312 | 660,499 | 34.5 | 39% |
| 2023 | 2,435,242 | 1,952,607 | 482,635 | 34.8 | 27% |
In its most recent public year (2023), this organization brought in $482,635 more than it spent. Its reserves stood at about 34.8 months of spending, down from 43.8 in 2020. Staff pay was 27% of spending. $256,860 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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