The Boston Foundation For Sight
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,207,986 | 4,955,606 | 252,380 | 11.8 | 54% |
| 2021 | 6,445,390 | 5,421,000 | 1,024,390 | 13.1 | 55% |
| 2022 | 5,736,628 | 5,713,136 | 23,492 | 12.5 | 55% |
| 2023 | 5,962,410 | 6,023,169 | −60,759 | 11.7 | 58% |
In its most recent public year (2023), this organization spent $60,759 more than it brought in. Its reserves stood at about 11.7 months of spending. Staff pay was 58% of spending. $206,889 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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