Patchwork Central Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 285,773 | 219,982 | 65,791 | 24.4 | 41% |
| 2012 | 202,128 | 233,169 | −31,041 | 22.0 | 38% |
| 2013 | 178,325 | 195,623 | −17,298 | 25.5 | 30% |
| 2014 | 201,041 | 203,313 | −2,272 | 24.4 | 16% |
| 2015 | 159,917 | 204,532 | −44,615 | 21.6 | 45% |
| 2016 | 206,404 | 201,480 | 4,924 | 21.9 | 43% |
| 2017 | 205,243 | 193,172 | 12,071 | 24.4 | 46% |
| 2018 | 210,078 | 193,072 | 17,006 | 25.4 | 49% |
| 2019 | 208,457 | 193,130 | 15,327 | 26.4 | 24% |
| 2020 | 241,310 | 193,267 | 48,043 | 30.2 | 58% |
| 2021 | 501,185 | 212,701 | 288,484 | 44.2 | 51% |
| 2022 | 1,008,574 | 289,410 | 719,164 | 59.2 | 53% |
| 2023 | 523,281 | 337,723 | 185,558 | 58.1 | 55% |
In its most recent public year (2023), this organization brought in $185,558 more than it spent. Its reserves stood at about 58.1 months of spending, up from 24.4 in 2011. Staff pay was 55% of spending. $261,683 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
Patchwork Central Inc'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