L Brands Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 150,882,323 | 14,101,810 | 136,780,513 | 118.5 | 0% |
| 2012 | 355,459 | 10,373,139 | −10,017,680 | 149.2 | 0% |
| 2013 | 1,510,606 | 31,220,890 | −29,710,284 | 37.7 | 0% |
| 2014 | 1,329,786 | 21,299,005 | −19,969,219 | 44.7 | 0% |
| 2015 | 1,248,146 | 28,593,614 | −27,345,468 | 22.0 | 0% |
| 2016 | 979,334 | 27,348,518 | −26,369,184 | 11.9 | 0% |
| 2017 | 823,219 | 21,361,833 | −20,538,614 | 4.0 | 0% |
| 2018 | 6,845,926 | 12,323,975 | −5,478,049 | 1.7 | 0% |
| 2019 | 10,176,274 | 10,751,224 | −574,950 | 1.4 | 0% |
| 2020 | 8,043,679 | 7,690,579 | 353,100 | 5.8 | 0% |
| 2021 | 42,020,639 | 34,924,973 | 7,095,666 | 3.7 | 0% |
| 2022 | 134,670 | 905,640 | −770,970 | 132.8 | 0% |
| 2023 | 107,607 | 10,129,871 | −10,022,264 | 0.0 | 0% |
In its most recent public year (2023), this organization spent $10,022,264 more than it brought in. Its reserves stood at about 0 months of spending, down from 118.5 in 2011. Staff pay was 0% 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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