Opulent Philanthropy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 383,862 | 116,385 | 267,477 | 27.9 | 0% |
| 2021 | 139,365 | 154,848 | −15,483 | 19.8 | 56% |
| 2022 | 0 | 130,872 | −130,872 | 11.4 | 66% |
| 2023 | 229,967 | 322,723 | −92,756 | 4.1 | 36% |
In its most recent public year (2023), this organization spent $92,756 more than it brought in. Its reserves stood at about 4.1 months of spending, down from 27.9 in 2020. Staff pay was 36% 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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