Insurance Guaranty Associations
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,624,366 | 912,138 | 712,228 | 332.6 | 40% |
| 2012 | 3,031,045 | 10,864,980 | −7,833,935 | 19.3 | 4% |
| 2013 | 523,878 | 1,318,546 | −794,668 | 151.6 | 31% |
| 2014 | 2,650,209 | 1,148,827 | 1,501,382 | 189.7 | 31% |
| 2015 | 2,722,443 | 736,313 | 1,986,130 | 328.3 | 48% |
| 2016 | 1,387,570 | 620,650 | 766,920 | 401.7 | 48% |
| 2017 | 1,662,212 | 712,301 | 949,911 | 365.6 | 34% |
| 2018 | 1,707,966 | 635,783 | 1,072,183 | 447.6 | 32% |
| 2019 | 1,470,475 | 568,916 | 901,559 | 522.5 | 35% |
| 2020 | 353,561 | 646,455 | −292,894 | 456.4 | 31% |
| 2021 | 919,382 | 1,189,848 | −270,466 | 243.1 | 23% |
| 2022 | 380,341 | 2,089,367 | −1,709,026 | 126.7 | 14% |
| 2023 | 1,166,678 | 2,810,855 | −1,644,177 | 88.2 | 9% |
In its most recent public year (2023), this organization spent $1,644,177 more than it brought in. Its reserves stood at about 88.2 months of spending, down from 332.6 in 2011. Staff pay was 9% 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
Insurance Guaranty Associations'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