Abayomi Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 419,225 | 413,918 | 5,307 | 7.2 | 31% |
| 2012 | 426,032 | 427,308 | −1,276 | 6.9 | 30% |
| 2013 | 581,228 | 547,031 | 34,197 | 6.7 | 29% |
| 2014 | 589,299 | 601,060 | −11,761 | 5.9 | 27% |
| 2015 | 693,587 | 596,062 | 97,525 | 7.9 | 32% |
| 2016 | 278,893 | 397,361 | −118,468 | 8.2 | 23% |
| 2017 | 116,997 | 151,494 | −34,497 | 18.9 | 5% |
| 2018 | 98,201 | 111,627 | −13,426 | 24.2 | 49% |
| 2019 | 169,758 | 171,506 | −1,748 | 15.6 | 45% |
| 2020 | 225,179 | 157,223 | 67,956 | 22.2 | 22% |
| 2021 | 221,628 | 215,235 | 6,393 | 16.6 | 21% |
| 2022 | 253,981 | 234,139 | 19,842 | 16.3 | 22% |
| 2023 | 270,482 | 260,841 | 9,641 | 15.1 | 15% |
In its most recent public year (2023), this organization brought in $9,641 more than it spent. Its reserves stood at about 15.1 months of spending, up from 7.2 in 2011. Staff pay was 15% 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
Abayomi Community Development Corporation'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