Watts Of Love
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 7,475 | 4,385 | 3,090 | 8.5 | — |
| 2013 | 168,664 | 111,778 | 56,886 | 6.4 | — |
| 2014 | 130,247 | 117,121 | 13,126 | 7.5 | — |
| 2015 | 495,845 | 218,736 | 277,109 | 19.2 | 6% |
| 2016 | 202,214 | 233,446 | −31,232 | 16.4 | 27% |
| 2017 | 470,798 | 432,314 | 38,484 | 9.9 | 39% |
| 2018 | 884,027 | 857,328 | 26,699 | 5.3 | 27% |
| 2019 | 1,648,794 | 1,158,700 | 490,094 | 9.0 | 33% |
| 2020 | 1,211,274 | 1,079,872 | 131,402 | 11.1 | 35% |
| 2021 | 1,388,675 | 1,332,851 | 55,824 | 9.5 | 31% |
| 2022 | 1,049,295 | 1,109,999 | −60,704 | 10.7 | 30% |
| 2023 | 2,440,208 | 2,003,861 | 436,347 | 8.6 | 32% |
In its most recent public year (2023), this organization brought in $436,347 more than it spent. Its reserves stood at about 8.6 months of spending. Staff pay was 32% of spending. $581,500 of its net assets are donor-restricted.
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
Watts Of 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