Magdalene College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 64,428 | 30 | 64,398 | 25759.2 | — |
| 2014 | 2,112,714 | 2,173,029 | −60,315 | 0.0 | 0% |
| 2015 | 262,227 | 262,824 | −597 | 0.2 | 0% |
| 2016 | 273,660 | 109,965 | 163,695 | 18.2 | 0% |
| 2017 | 1,145,201 | 1,030,899 | 114,302 | 3.3 | 0% |
| 2018 | 1,370,328 | 1,371,460 | −1,132 | 2.5 | 0% |
| 2019 | 546,939 | 592,263 | −45,324 | 4.8 | 0% |
| 2020 | 1,147,409 | 1,368,912 | −221,503 | 0.1 | 0% |
| 2021 | 577,549 | 589,580 | −12,031 | 0.0 | 0% |
| 2022 | 1,475,777 | 1,451,681 | 24,096 | 0.2 | 0% |
| 2023 | 1,531,833 | 1,483,638 | 48,195 | 0.6 | 0% |
In its most recent public year (2023), this organization brought in $48,195 more than it spent. Its reserves stood at about 0.6 months of spending, down from 25759.2 in 2013. 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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