African Soup Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 64,963 | 16,490 | 48,473 | 35.3 | — |
| 2013 | 70,976 | 69,479 | 1,497 | 8.6 | — |
| 2014 | 86,770 | 114,031 | −27,261 | 2.4 | — |
| 2015 | 164,074 | 147,352 | 16,722 | 3.2 | — |
| 2016 | 187,354 | 175,995 | 11,359 | 3.5 | — |
| 2017 | 203,390 | 248,284 | −44,894 | 0.3 | 15% |
| 2018 | 272,628 | 252,414 | 20,214 | 1.2 | 20% |
| 2019 | 280,723 | 240,480 | 40,243 | 3.3 | 22% |
| 2020 | 379,175 | 283,605 | 95,570 | 6.9 | 16% |
| 2021 | 322,395 | 334,004 | −11,609 | 5.4 | 6% |
| 2022 | 826,042 | 361,688 | 464,354 | 20.4 | 7% |
| 2023 | 842,527 | 515,145 | 327,382 | 21.9 | 7% |
In its most recent public year (2023), this organization brought in $327,382 more than it spent. Its reserves stood at about 21.9 months of spending, down from 35.3 in 2012. Staff pay was 7% 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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