Thomas B Fordham Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,844,624 | 2,781,059 | 63,565 | 31.0 | 28% |
| 2011 | 3,404,897 | 2,468,778 | 936,119 | 38.9 | 33% |
| 2012 | 2,942,542 | 2,633,127 | 309,415 | 39.9 | 44% |
| 2013 | 4,489,093 | 2,697,288 | 1,791,805 | 48.4 | 38% |
| 2014 | 3,739,034 | 3,926,171 | −187,137 | 32.8 | 41% |
| 2015 | 4,899,035 | 4,251,883 | 647,152 | 30.0 | 44% |
| 2016 | 3,028,775 | 4,555,594 | −1,526,819 | 25.0 | 46% |
| 2017 | 4,236,984 | 4,344,276 | −107,292 | 27.9 | 43% |
| 2018 | 2,736,165 | 3,641,791 | −905,626 | 26.8 | 50% |
| 2019 | 2,169,138 | 3,739,542 | −1,570,404 | 24.3 | 51% |
| 2020 | 2,266,040 | 3,620,616 | −1,354,576 | 21.6 | 53% |
| 2021 | 4,932,903 | 3,434,518 | 1,498,385 | 31.4 | 55% |
| 2022 | 1,050,355 | 3,139,829 | −2,089,474 | 23.4 | 48% |
| 2023 | 2,104,202 | 3,862,453 | −1,758,251 | 15.8 | 56% |
In its most recent public year (2023), this organization spent $1,758,251 more than it brought in. Its reserves stood at about 15.8 months of spending, down from 31 in 2010. Staff pay was 56% of spending. $323,202 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
Thomas B Fordham Institute'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