The Lam Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,192,058 | 1,043,122 | 148,936 | 18.5 | 33% |
| 2012 | 977,801 | 996,640 | −18,839 | 19.3 | 33% |
| 2013 | 1,487,752 | 1,020,610 | 467,142 | 24.4 | 33% |
| 2014 | 1,424,261 | 1,554,518 | −130,257 | 15.0 | 27% |
| 2015 | 1,503,416 | 1,480,831 | 22,585 | 15.9 | 30% |
| 2016 | 1,650,029 | 1,640,684 | 9,345 | 14.4 | 30% |
| 2017 | 1,532,553 | 1,642,400 | −109,847 | 13.6 | 33% |
| 2018 | 1,849,309 | 1,745,000 | 104,309 | 13.5 | 29% |
| 2019 | 1,389,662 | 1,524,952 | −135,290 | 14.4 | 37% |
| 2020 | 1,815,339 | 1,611,773 | 203,566 | 15.2 | 38% |
| 2021 | 2,209,585 | 1,346,515 | 863,070 | 25.8 | 40% |
| 2022 | 1,571,673 | 1,873,408 | −301,735 | 16.6 | 32% |
| 2023 | 1,455,589 | 1,803,072 | −347,483 | 15.0 | 35% |
In its most recent public year (2023), this organization spent $347,483 more than it brought in. Its reserves stood at about 15 months of spending, down from 18.5 in 2011. Staff pay was 35% of spending. $244,674 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
The Lam 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