Iowa Mennonite Crowded Closet
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 864,169 | 744,755 | 119,414 | 13.9 | 11% |
| 2012 | 907,835 | 855,725 | 52,110 | 12.8 | 12% |
| 2013 | 937,688 | 952,732 | −15,044 | 12.4 | 14% |
| 2014 | 933,132 | 1,013,894 | −80,762 | 10.7 | 17% |
| 2015 | 926,574 | 973,710 | −47,136 | 10.5 | 18% |
| 2016 | 930,839 | 937,753 | −6,914 | 10.8 | 19% |
| 2017 | 929,074 | 698,234 | 230,840 | 18.5 | 29% |
| 2018 | 930,551 | 837,340 | 93,211 | 16.8 | 28% |
| 2019 | 1,443,160 | 1,127,377 | 315,783 | 15.8 | 29% |
| 2020 | 964,494 | 963,008 | 1,486 | 18.5 | 38% |
| 2021 | 1,473,192 | 1,169,177 | 304,015 | 18.4 | 37% |
| 2022 | 1,718,625 | 1,332,359 | 386,266 | 19.6 | 40% |
| 2023 | 2,017,735 | 1,455,683 | 562,052 | 22.6 | 47% |
In its most recent public year (2023), this organization brought in $562,052 more than it spent. Its reserves stood at about 22.6 months of spending, up from 13.9 in 2011. Staff pay was 47% 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
Iowa Mennonite Crowded Closet'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