Serc Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 180,955 | 168,581 | 12,374 | 0.9 | 0% |
| 2018 | 218,399 | 109,737 | 108,662 | 13.2 | 0% |
| 2019 | 108,365 | 66,093 | 42,272 | 29.7 | — |
| 2020 | 147,843 | 148,720 | −877 | 3.4 | — |
| 2021 | 223,022 | 204,651 | 18,371 | 3.5 | 0% |
| 2022 | 301,691 | 243,014 | 58,677 | 2.9 | 0% |
| 2023 | 359,364 | 279,168 | 80,196 | 8.6 | 0% |
In its most recent public year (2023), this organization brought in $80,196 more than it spent. Its reserves stood at about 8.6 months of spending, up from 0.9 in 2017. 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
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