Mt Carmel Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 403,874 | 484,902 | −81,028 | 156.7 | 15% |
| 2013 | 1,387,819 | 574,240 | 813,579 | 149.3 | 19% |
| 2014 | 1,755,228 | 632,636 | 1,122,592 | 156.8 | 17% |
| 2015 | 1,016,193 | 642,727 | 373,466 | 161.3 | 17% |
| 2016 | 355,261 | 725,740 | −370,479 | 136.7 | 23% |
| 2017 | 1,887,060 | 757,102 | 1,129,958 | 149.0 | 22% |
| 2018 | 1,407,469 | 728,112 | 679,357 | 164.2 | 22% |
| 2019 | 894,057 | 839,503 | 54,554 | 144.9 | 19% |
| 2020 | 793,012 | 1,208,511 | −415,499 | 96.5 | 13% |
| 2021 | 1,217,233 | 534,152 | 683,081 | 274.4 | 0% |
| 2022 | 2,361,120 | 559,229 | 1,801,891 | 241.4 | 0% |
| 2023 | 1,408,000 | 156,734 | 1,251,266 | 998.7 | 0% |
In its most recent public year (2023), this organization brought in $1,251,266 more than it spent. Its reserves stood at about 998.7 months of spending, up from 156.7 in 2012. Staff pay was 0% 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
Mt Carmel Educational Foundation Inc'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