Harvard Club Of Boston Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 424,116 | 502,993 | −78,877 | 278.2 | 0% |
| 2021 | 421,703 | 481,133 | −59,430 | 372.8 | 0% |
| 2022 | 455,702 | 563,639 | −107,937 | 299.7 | 0% |
| 2023 | 731,627 | 535,139 | 196,488 | 309.9 | 0% |
In its most recent public year (2023), this organization brought in $196,488 more than it spent. Its reserves stood at about 309.9 months of spending, up from 278.2 in 2020. Staff pay was 0% of spending. $7,287,614 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
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