Institute For Community Economics Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 194,814 | 165,362 | 29,452 | 81.0 | 0% |
| 2020 | 268,166 | 328,757 | −60,591 | 39.1 | 0% |
| 2021 | 463,231 | 283,439 | 179,792 | 55.4 | 0% |
| 2022 | 377,333 | 309,843 | 67,490 | 54.5 | 0% |
| 2023 | 2,141,238 | 2,029,534 | 111,704 | 9.1 | 0% |
In its most recent public year (2023), this organization brought in $111,704 more than it spent. Its reserves stood at about 9.1 months of spending, down from 81 in 2019. 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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