Crudem Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,236,654 | 3,128,083 | −1,891,429 | 2.1 | 10% |
| 2020 | 1,568,441 | 2,903,111 | −1,334,670 | 2.1 | 11% |
| 2021 | 1,917,084 | 3,722,628 | −1,805,544 | 3.0 | 9% |
| 2022 | 1,732,470 | 4,607,690 | −2,875,220 | 2.8 | 8% |
| 2023 | 3,580,986 | 3,545,766 | 35,220 | 3.7 | 13% |
In its most recent public year (2023), this organization brought in $35,220 more than it spent. Its reserves stood at about 3.7 months of spending, up from 2.1 in 2019. Staff pay was 13% of spending. $876,589 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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