Hangar 24 Craft Charities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 81,892 | 25,690 | 56,202 | 26.3 | 20% |
| 2014 | −180,286 | 15,008 | −195,294 | -111.2 | 22% |
| 2015 | 189,013 | 42,729 | 146,284 | 2.0 | 0% |
| 2016 | 171,431 | 53,834 | 117,597 | 27.8 | 0% |
| 2017 | −18,587 | 58,483 | −77,070 | 9.8 | 0% |
| 2018 | −12,941 | 60,802 | −73,743 | -5.1 | 0% |
| 2019 | 80,160 | 48,172 | 31,988 | 1.5 | 0% |
| 2020 | −2,796 | 6,491 | −9,287 | -6.1 | — |
| 2021 | 1,756 | 10,998 | −9,242 | -13.7 | — |
In its most recent public year (2021), this organization spent $9,242 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.7 months), down from 26.3 in 2013.
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 2021. 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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