Bhagu & Savita Patel Charitable Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 0 | 1,510 | −1,510 | 0.0 | — |
| 2013 | 20,000 | 2,330 | 17,670 | 91.0 | — |
| 2014 | 15,000 | 325 | 14,675 | 1194.3 | — |
| 2015 | 15,000 | 1,150 | 13,850 | 482.0 | — |
| 2016 | 15,000 | 200 | 14,800 | 3659.7 | — |
| 2017 | 15,500 | 2,002 | 13,498 | 446.5 | — |
| 2018 | 17,000 | 0 | 17,000 | — | — |
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 32,194 | 97,639 | −65,445 | 4.4 | — |
| 2021 | 16,001 | 23,229 | −7,228 | 14.9 | — |
| 2022 | 18,000 | 20,705 | −2,705 | 13.3 | — |
| 2023 | 13,250 | 7,152 | 6,098 | 38.5 | — |
In its most recent public year (2023), this organization brought in $6,098 more than it spent. Its reserves stood at about 38.5 months of spending, up from 0 in 2012.
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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