Chicago Foundlings Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 762,546 | 573,357 | 189,189 | 105.1 | 7% |
| 2021 | 740,853 | 575,235 | 165,618 | 125.1 | 7% |
| 2022 | 762,551 | 583,474 | 179,077 | 107.0 | 7% |
| 2023 | 473,561 | 556,427 | −82,866 | 116.1 | 7% |
In its most recent public year (2023), this organization spent $82,866 more than it brought in. Its reserves stood at about 116.1 months of spending, up from 105.1 in 2020. Staff pay was 7% 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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