Cliffs Mining Company Sub Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8 | 0 | 8 | — | — |
| 2012 | 10 | 0 | 10 | — | — |
| 2013 | 11 | 703 | −692 | 247.7 | — |
| 2014 | 8 | 6,498 | −6,490 | 14.8 | — |
| 2015 | 4 | 5,875 | −5,871 | 4.4 | — |
| 2016 | 10,361 | 11,441 | −1,080 | 1.1 | — |
| 2017 | 9,828 | 6,795 | 3,033 | 7.2 | — |
| 2018 | 4,846 | 9,136 | −4,290 | -0.2 | — |
| 2019 | 7,098 | 6,910 | 188 | 0.0 | — |
| 2020 | 11,641 | 11,636 | 5 | 1.7 | — |
| 2022 | 10,607 | 5,230 | 5,377 | 2.0 | — |
| 2023 | 5,638 | 6,423 | −785 | 0.1 | — |
In its most recent public year (2023), this organization spent $785 more than it brought in. Its reserves stood at about 0.1 months 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
Cliffs Mining Company Sub Trust'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