Industrial Areas Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,255,779 | 1,429,377 | −173,598 | 16.1 | 43% |
| 2012 | 1,241,734 | 1,361,012 | −119,278 | 15.8 | 46% |
| 2013 | 215,947 | 153,366 | 62,581 | 118.4 | 46% |
| 2014 | 556,507 | 673,850 | −117,343 | 24.9 | 45% |
| 2015 | 2,167,283 | 1,514,153 | 653,130 | 16.2 | 22% |
| 2016 | 1,573,662 | 1,614,701 | −41,039 | 14.9 | 21% |
| 2017 | 1,544,100 | 2,060,254 | −516,154 | 9.0 | 17% |
| 2018 | 1,584,063 | 1,959,240 | −375,177 | 6.9 | 18% |
| 2019 | 1,600,626 | 1,719,444 | −118,818 | 7.0 | 27% |
| 2020 | 2,007,574 | 1,675,844 | 331,730 | 9.7 | 24% |
| 2021 | 2,067,796 | 1,666,619 | 401,177 | 12.8 | 29% |
| 2022 | 2,027,320 | 2,243,323 | −216,003 | 7.9 | 28% |
| 2023 | 1,575,113 | 1,473,395 | 101,718 | 13.0 | 30% |
In its most recent public year (2023), this organization brought in $101,718 more than it spent. Its reserves stood at about 13 months of spending, down from 16.1 in 2011. Staff pay was 30% 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
Industrial Areas Foundation'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