Iuoe Local 877 Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,617 | 9,650 | 1,967 | 33.5 | — |
| 2021 | 764 | 550 | 214 | 592.3 | — |
| 2022 | 13 | 391 | −378 | 821.6 | — |
In its most recent public year (2022), this organization spent $378 more than it brought in. Its reserves stood at about 821.6 months of spending, up from 33.5 in 2020.
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 2022. 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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