Multicultural Health Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 58,000 | 0 | 58,000 | — | — |
| 2015 | 234,855 | 193,654 | 41,201 | 6.1 | 0% |
| 2016 | 521,696 | 438,970 | 82,726 | 5.0 | 2% |
| 2017 | 562,974 | 459,969 | 103,005 | 7.4 | 0% |
| 2018 | 361,193 | 302,199 | 58,994 | 13.7 | 0% |
| 2019 | 414,249 | 359,038 | 55,211 | 13.3 | 0% |
| 2020 | 1,844,995 | 880,643 | 964,352 | 18.6 | 0% |
| 2021 | 4,273,142 | 4,191,219 | 81,923 | 4.1 | 3% |
| 2022 | 383,736 | 352,363 | 31,373 | 50.3 | 27% |
| 2023 | 132,376 | 265,871 | −133,495 | 60.6 | 40% |
In its most recent public year (2023), this organization spent $133,495 more than it brought in. Its reserves stood at about 60.6 months of spending. Staff pay was 40% of spending. $497,359 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
Multicultural Health Foundation'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