Pickering Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 244,775 | 106,368 | 138,407 | 51.7 | 15% |
| 2020 | 111,105 | 72,182 | 38,923 | 82.6 | 23% |
| 2021 | 122,654 | 93,609 | 29,045 | 67.4 | 14% |
| 2022 | 194,683 | 86,464 | 108,219 | 87.6 | 15% |
| 2023 | 491,076 | 98,289 | 392,787 | 126.1 | 0% |
In its most recent public year (2023), this organization brought in $392,787 more than it spent. Its reserves stood at about 126.1 months of spending, up from 51.7 in 2019. Staff pay was 0% 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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