Rich May Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 146,692 | 109,059 | 37,633 | 7.5 | — |
| 2012 | 21,686 | 73,663 | −51,977 | 2.6 | — |
| 2013 | 70,010 | 56,708 | 13,302 | 6.2 | — |
| 2014 | 1,109,429 | 430,932 | 678,497 | 19.7 | 0% |
| 2016 | 71,061 | 30,688 | 40,373 | 131.7 | — |
| 2017 | 4,926 | 227,582 | −222,656 | 6.0 | — |
| 2018 | 245,458 | 311,033 | −65,575 | 1.9 | 0% |
| 2019 | 84,694 | 109,042 | −24,348 | 2.7 | — |
| 2020 | 63,253 | 59,746 | 3,507 | 5.6 | — |
| 2021 | 173,860 | 169,867 | 3,993 | 2.2 | 0% |
| 2022 | 93,723 | 102,534 | −8,811 | 2.7 | 0% |
| 2023 | 137,585 | 100,997 | 36,588 | 7.1 | 0% |
In its most recent public year (2023), this organization brought in $36,588 more than it spent. Its reserves stood at about 7.1 months of spending. 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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