Hoffman Institute Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,197,597 | 5,146,443 | 51,154 | 0.6 | 49% |
| 2012 | 4,937,704 | 5,139,107 | −201,403 | 0.1 | 51% |
| 2013 | 4,914,407 | 5,027,322 | −112,915 | -0.2 | 52% |
| 2014 | 5,232,114 | 5,272,991 | −40,877 | -0.3 | 48% |
| 2015 | 5,376,039 | 5,307,828 | 68,211 | -0.1 | 51% |
| 2016 | 6,213,101 | 5,816,482 | 396,619 | 0.7 | 52% |
| 2017 | 6,666,180 | 6,563,173 | 103,007 | 0.8 | 53% |
| 2018 | 7,228,049 | 7,187,632 | 40,417 | 0.8 | 50% |
| 2019 | 8,752,242 | 8,035,016 | 717,226 | 1.8 | 51% |
| 2020 | 7,172,102 | 7,294,016 | −121,914 | 1.8 | 54% |
| 2021 | 11,907,757 | 11,995,665 | −87,908 | 1.0 | 37% |
| 2022 | 10,264,223 | 9,819,476 | 444,747 | 1.8 | 52% |
| 2023 | 17,982,188 | 16,971,233 | 1,010,955 | 1.7 | 35% |
In its most recent public year (2023), this organization brought in $1,010,955 more than it spent. Its reserves stood at about 1.7 months of spending, up from 0.6 in 2011. Staff pay was 35% of spending. $55,167 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
Hoffman Institute 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