Chicago Tile Institute Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,235,640 | 3,594,639 | 5,641,001 | 4.0 | 8% |
| 2012 | 9,057,978 | 5,430,628 | 3,627,350 | 11.5 | 6% |
| 2013 | 10,576,475 | 5,956,674 | 4,619,801 | 21.0 | 5% |
| 2014 | 10,637,034 | 7,102,353 | 3,534,681 | 25.1 | 5% |
| 2015 | 12,154,668 | 10,038,085 | 2,116,583 | 20.2 | 4% |
| 2016 | 14,099,873 | 13,157,161 | 942,712 | 17.6 | 3% |
| 2017 | 15,532,299 | 13,626,196 | 1,906,103 | 21.2 | 3% |
| 2018 | 16,585,095 | 14,211,795 | 2,373,300 | 21.7 | 3% |
| 2019 | 17,205,694 | 17,263,188 | −57,494 | 20.7 | 3% |
| 2020 | 14,602,263 | 18,431,036 | −3,828,773 | 18.7 | 3% |
| 2021 | 18,004,307 | 18,537,878 | −533,571 | 17.3 | 3% |
| 2022 | 16,854,421 | 14,699,202 | 2,155,219 | 35.7 | 4% |
| 2023 | 16,064,734 | 14,384,538 | 1,680,196 | 40.0 | 3% |
In its most recent public year (2023), this organization brought in $1,680,196 more than it spent. Its reserves stood at about 40 months of spending, up from 4 in 2011. Staff pay was 3% 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
Chicago Tile Institute Welfare Fund'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