Middletown Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,381,251 | 2,717,241 | 664,010 | 102.6 | 7% |
| 2012 | 2,558,848 | 2,774,336 | −215,488 | 106.2 | 7% |
| 2013 | 6,166,587 | 4,411,112 | 1,755,475 | 76.9 | 5% |
| 2014 | 6,308,158 | 2,948,663 | 3,359,495 | 125.2 | 8% |
| 2015 | 2,966,556 | 3,202,647 | −236,091 | 108.5 | 8% |
| 2016 | 1,479,244 | 3,179,957 | −1,700,713 | 110.0 | 7% |
| 2017 | 4,038,550 | 3,106,647 | 931,903 | 126.9 | 7% |
| 2018 | 3,913,753 | 2,812,566 | 1,101,187 | 115.1 | 10% |
| 2019 | 4,594,123 | 3,142,408 | 1,451,715 | 126.2 | 10% |
| 2020 | 2,550,993 | 2,440,857 | 110,136 | 176.3 | 12% |
| 2021 | 4,261,790 | 2,878,400 | 1,383,390 | 169.4 | 10% |
| 2022 | 2,185,120 | 2,925,632 | −740,512 | 136.6 | 9% |
| 2023 | 2,196,744 | 2,690,393 | −493,649 | 152.5 | 10% |
In its most recent public year (2023), this organization spent $493,649 more than it brought in. Its reserves stood at about 152.5 months of spending, up from 102.6 in 2011. Staff pay was 10% of spending. $19,980,874 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
Middletown Community Foundation'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