Duluth Bethel Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,053,641 | 2,862,707 | 190,934 | 8.6 | 51% |
| 2012 | 2,925,602 | 2,819,774 | 105,828 | 9.3 | 52% |
| 2013 | 3,071,447 | 2,861,144 | 210,303 | 10.3 | 51% |
| 2014 | 3,188,883 | 3,061,563 | 127,320 | 10.1 | 48% |
| 2015 | 3,366,379 | 3,314,022 | 52,357 | 9.5 | 51% |
| 2016 | 3,583,577 | 3,456,641 | 126,936 | 9.8 | 50% |
| 2017 | 3,315,836 | 3,469,100 | −153,264 | 9.6 | 51% |
| 2018 | 2,882,820 | 3,345,848 | −463,028 | 7.9 | 51% |
| 2019 | 2,956,589 | 3,303,963 | −347,374 | 7.2 | 54% |
| 2020 | 3,199,499 | 3,294,838 | −95,339 | 7.1 | 56% |
| 2021 | 2,869,738 | 3,032,982 | −163,244 | 6.9 | 58% |
| 2022 | 2,832,931 | 3,319,413 | −486,482 | 3.8 | 59% |
| 2023 | 2,268,344 | 3,398,147 | −1,129,803 | -1.3 | 56% |
In its most recent public year (2023), this organization spent $1,129,803 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.3 months), down from 8.6 in 2011. Staff pay was 56% of spending. $235,397 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
Duluth Bethel Society'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