Tc Open Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 91,120 | 62,927 | 28,193 | 10.1 | — |
| 2021 | 103,539 | 104,982 | −1,443 | 5.9 | — |
| 2022 | 71,846 | 108,852 | −37,006 | 1.6 | — |
| 2023 | 116,310 | 82,089 | 34,221 | 7.1 | — |
In its most recent public year (2023), this organization brought in $34,221 more than it spent. Its reserves stood at about 7.1 months of spending, down from 10.1 in 2020.
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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