Hfs Chicago Scholars
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 353,560 | 287,014 | 66,546 | 11.8 | 27% |
| 2013 | 441,083 | 292,981 | 148,102 | 17.6 | 31% |
| 2014 | 549,685 | 294,197 | 255,488 | 28.0 | 32% |
| 2015 | 666,546 | 362,879 | 303,667 | 32.7 | 27% |
| 2016 | 675,070 | 568,006 | 107,064 | 23.2 | 37% |
| 2017 | 700,091 | 600,051 | 100,040 | 23.9 | 34% |
| 2018 | 898,413 | 813,663 | 84,750 | 18.9 | 34% |
| 2019 | 1,277,817 | 883,398 | 394,419 | 23.0 | 39% |
| 2020 | 1,203,137 | 900,677 | 302,460 | 27.3 | 41% |
| 2021 | 1,440,591 | 821,964 | 618,627 | 45.3 | 37% |
| 2022 | 1,459,597 | 896,430 | 563,167 | 42.8 | 40% |
| 2023 | 1,238,566 | 1,030,555 | 208,011 | 42.5 | 39% |
In its most recent public year (2023), this organization brought in $208,011 more than it spent. Its reserves stood at about 42.5 months of spending, up from 11.8 in 2012. Staff pay was 39% of spending. $1,607,079 of its net assets are donor-restricted.
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
Hfs Chicago Scholars'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