Karam Foundation Nfp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 252,467 | 239,442 | 13,025 | 1.8 | 0% |
| 2013 | 656,094 | 477,357 | 178,737 | 5.4 | 0% |
| 2014 | 945,148 | 888,980 | 56,168 | 4.1 | 0% |
| 2015 | 1,322,605 | 970,232 | 352,373 | 8.1 | 12% |
| 2016 | 3,214,516 | 2,072,080 | 1,142,436 | 10.0 | 12% |
| 2017 | 3,961,281 | 2,797,255 | 1,164,026 | 12.4 | 14% |
| 2018 | 3,119,259 | 3,821,060 | −701,801 | 6.9 | 13% |
| 2019 | 5,209,260 | 3,723,554 | 1,485,706 | 11.8 | 12% |
| 2020 | 3,331,354 | 3,049,197 | 282,157 | 15.6 | 28% |
| 2021 | 2,840,038 | 2,549,014 | 291,024 | 19.8 | 36% |
| 2022 | 2,411,217 | 2,783,885 | −372,668 | 17.6 | 35% |
| 2023 | 4,562,837 | 3,747,655 | 815,182 | 14.9 | 29% |
In its most recent public year (2023), this organization brought in $815,182 more than it spent. Its reserves stood at about 14.9 months of spending, up from 1.8 in 2012. Staff pay was 29% of spending. $2,618,992 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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