Underwriters Laboratories Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,077,027,269 | 793,436,823 | 1,283,590,446 | 13.0 | 36% |
| 2012 | 17,210,587 | 24,187,665 | −6,977,078 | 413.0 | 31% |
| 2013 | 16,907,419 | 27,262,734 | −10,355,315 | 362.0 | 28% |
| 2014 | 18,196,678 | 31,627,066 | −13,430,388 | 307.0 | 28% |
| 2015 | 22,649,705 | 30,811,223 | −8,161,518 | 311.9 | 33% |
| 2016 | 25,297,187 | 34,435,660 | −9,138,473 | 275.9 | 30% |
| 2017 | 29,700,588 | 34,795,655 | −5,095,067 | 271.3 | 33% |
| 2018 | 29,251,539 | 38,128,750 | −8,877,211 | 244.8 | 32% |
| 2019 | 30,105,111 | 48,309,679 | −18,204,568 | 188.7 | 26% |
| 2020 | 33,764,842 | 45,706,714 | −11,941,872 | 196.3 | 37% |
| 2021 | 1,224,941,752 | 7,689,230,678 | −6,464,288,926 | 1.7 | 0% |
| 2022 | 1,640,913 | 59,203,846 | −57,562,933 | 190.6 | 31% |
| 2023 | 15,352,626 | 91,654,071 | −76,301,445 | 136.5 | 38% |
In its most recent public year (2023), this organization spent $76,301,445 more than it brought in. Its reserves stood at about 136.5 months of spending, up from 13 in 2011. Staff pay was 38% 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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