Michelles Love
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 82,525 | 63,502 | 19,023 | 7.3 | — |
| 2017 | 129,070 | 101,048 | 28,022 | 7.9 | — |
| 2018 | 169,936 | 143,194 | 26,742 | 7.8 | — |
| 2019 | 227,210 | 188,362 | 38,848 | 8.4 | 19% |
| 2020 | 178,859 | 178,205 | 654 | 8.9 | 22% |
| 2021 | 226,181 | 189,591 | 36,590 | 10.7 | 26% |
| 2022 | 244,212 | 237,091 | 7,121 | 8.9 | 21% |
| 2023 | 419,723 | 314,462 | 105,261 | 10.8 | 18% |
In its most recent public year (2023), this organization brought in $105,261 more than it spent. Its reserves stood at about 10.8 months of spending, up from 7.3 in 2016. Staff pay was 18% 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
Michelles Love's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works