Memphis Land Bank Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,215,389 | 874,436 | 1,340,953 | 94.3 | 50% |
| 2011 | 2,051,796 | 840,118 | 1,211,678 | 115.4 | 54% |
| 2012 | 1,498,134 | 865,429 | 632,705 | 120.8 | 58% |
| 2013 | 986,723 | 862,126 | 124,597 | 123.0 | 65% |
| 2014 | 1,928,559 | 1,028,290 | 900,269 | 113.7 | 55% |
| 2015 | 751,486 | 1,041,904 | −290,418 | 108.8 | 47% |
| 2016 | 348,116 | 962,759 | −614,643 | 110.7 | 53% |
| 2017 | 2,748,429 | 1,935,033 | 813,396 | 60.6 | 28% |
| 2018 | 948,463 | 931,433 | 17,030 | 124.7 | 36% |
| 2019 | 1,592,482 | 696,139 | 896,343 | 184.3 | 39% |
| 2020 | 721,711 | 806,085 | −84,374 | 158.5 | 36% |
| 2021 | 908,597 | 1,122,726 | −214,129 | 112.1 | 22% |
| 2022 | 655,642 | 647,479 | 8,163 | 189.9 | 39% |
| 2023 | −568,686 | 733,373 | −1,302,059 | 159.7 | 47% |
In its most recent public year (2023), this organization spent $1,302,059 more than it brought in. Its reserves stood at about 159.7 months of spending, up from 94.3 in 2010. Staff pay was 47% 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
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