Spencer Reid Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,434 | 11,757 | −8,323 | 56.9 | — |
| 2021 | 29,806 | 40,281 | −10,475 | 13.5 | — |
| 2022 | 73,987 | 39,955 | 34,032 | 23.8 | — |
| 2023 | 58,024 | 52,055 | 5,969 | 19.7 | — |
In its most recent public year (2023), this organization brought in $5,969 more than it spent. Its reserves stood at about 19.7 months of spending, down from 56.9 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 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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