Akron Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 12,988,102 | 8,425,897 | 4,562,205 | 190.7 | 12% |
| 2013 | 14,550,294 | 9,766,457 | 4,783,837 | 175.5 | 11% |
| 2014 | 28,942,827 | 10,020,062 | 18,922,765 | 190.0 | 12% |
| 2015 | 20,132,266 | 12,054,255 | 8,078,011 | 166.6 | 11% |
| 2016 | 18,877,847 | 12,647,932 | 6,229,915 | 150.7 | 10% |
| 2017 | 23,269,748 | 14,391,251 | 8,878,497 | 147.8 | 10% |
| 2018 | 26,227,595 | 16,268,159 | 9,959,436 | 142.3 | 9% |
| 2019 | 17,836,804 | 14,432,006 | 3,404,798 | 161.3 | 12% |
| 2020 | 15,338,811 | 15,175,742 | 163,069 | 138.7 | 12% |
| 2021 | 39,277,326 | 24,610,356 | 14,666,970 | 117.1 | 8% |
| 2022 | 29,242,242 | 17,458,880 | 11,783,362 | 168.7 | 11% |
| 2023 | 11,908,040 | 18,169,831 | −6,261,791 | 149.2 | 12% |
In its most recent public year (2023), this organization spent $6,261,791 more than it brought in. Its reserves stood at about 149.2 months of spending, down from 190.7 in 2012. Staff pay was 12% of spending. $123,962,799 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
Akron Community 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