King Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,024,411 | 983,126 | 41,285 | 6.3 | 7% |
| 2020 | 1,258,192 | 1,220,428 | 37,764 | 5.4 | 6% |
| 2021 | 1,405,673 | 1,292,320 | 113,353 | 6.2 | 6% |
| 2022 | 1,870,627 | 1,720,532 | 150,095 | 5.7 | 5% |
| 2023 | 1,084,876 | 1,108,886 | −24,010 | 8.6 | 9% |
In its most recent public year (2023), this organization spent $24,010 more than it brought in. Its reserves stood at about 8.6 months of spending, up from 6.3 in 2019. Staff pay was 9% 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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