Lourdes Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 238,238 | 255,055 | −16,817 | 206.5 | 0% |
| 2021 | 164,271 | 470,682 | −306,411 | 111.0 | 0% |
| 2022 | 477,275 | 1,115,129 | −637,854 | 34.3 | 0% |
| 2023 | 534,377 | 748,739 | −214,362 | 51.1 | 0% |
In its most recent public year (2023), this organization spent $214,362 more than it brought in. Its reserves stood at about 51.1 months of spending, down from 206.5 in 2020. Staff pay was 0% of spending. $2,930,354 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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