Challenge Literature Fellowship Usa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 83,755 | 84,685 | −930 | 1.8 | — |
| 2014 | 133,734 | 109,056 | 24,678 | 2.0 | — |
| 2015 | 172,939 | 152,832 | 20,107 | 3.3 | — |
| 2016 | 129,886 | 139,060 | −9,174 | 3.9 | — |
| 2017 | 170,389 | 157,391 | 12,998 | 5.8 | — |
| 2018 | 184,507 | 175,508 | 8,999 | 4.3 | — |
| 2019 | 190,691 | 168,922 | 21,769 | 4.9 | — |
| 2020 | 155,228 | 151,386 | 3,842 | 4.6 | — |
| 2021 | 170,860 | 160,325 | 10,535 | 3.4 | — |
| 2022 | 145,258 | 158,391 | −13,133 | 3.2 | — |
| 2023 | 147,983 | 158,896 | −10,913 | 1.9 | — |
In its most recent public year (2023), this organization spent $10,913 more than it brought in. Its reserves stood at about 1.9 months 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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