Wellesley Scholarship Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 942,770 | 372,983 | 569,787 | 146.6 | 0% |
| 2012 | 340,999 | 191,630 | 149,369 | 291.9 | 0% |
| 2013 | 566,965 | 562,985 | 3,980 | 108.2 | 0% |
| 2014 | 2,382,284 | 298,874 | 2,083,410 | 224.4 | 0% |
| 2015 | 525,705 | 298,815 | 226,890 | 217.5 | 0% |
| 2016 | 445,919 | 314,420 | 131,499 | 195.4 | 0% |
| 2017 | 463,064 | 339,521 | 123,543 | 197.2 | 0% |
| 2018 | 1,292,705 | 364,207 | 928,498 | 201.1 | 0% |
| 2019 | 593,717 | 370,673 | 223,044 | 196.6 | 0% |
| 2020 | −32,653 | 230,004 | −262,657 | 335.4 | 0% |
| 2021 | 250,191 | 375,618 | −125,427 | 254.7 | 0% |
| 2022 | 458,040 | 397,785 | 60,255 | 195.3 | 0% |
| 2023 | 325,777 | 451,789 | −126,012 | 187.8 | 0% |
In its most recent public year (2023), this organization spent $126,012 more than it brought in. Its reserves stood at about 187.8 months of spending, up from 146.6 in 2011. Staff pay was 0% of spending. $2,381,164 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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