The Center For Economic Research And Social Change Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 6,102,602 | 4,455,031 | 1,647,571 | 27.0 | 26% |
| 2022 | 6,156,937 | 4,385,108 | 1,771,829 | 32.2 | 33% |
| 2023 | 9,706,276 | 5,177,863 | 4,528,413 | 38.2 | 37% |
In its most recent public year (2023), this organization brought in $4,528,413 more than it spent. Its reserves stood at about 38.2 months of spending, up from 27 in 2021. Staff pay was 37% of spending. $2,954,729 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
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