Literary Aid Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 78,386 | 80,696 | −2,310 | -3.1 | 60% |
| 2021 | 121,771 | 96,903 | 24,868 | 0.5 | 57% |
| 2022 | 119,748 | 94,776 | 24,972 | 3.7 | 57% |
| 2023 | 136,460 | 101,960 | 34,500 | 7.5 | 52% |
In its most recent public year (2023), this organization brought in $34,500 more than it spent. Its reserves stood at about 7.5 months of spending, up from -3.1 in 2020. Staff pay was 52% 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
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