Icarus Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 101,726 | 39,746 | 61,980 | 17.0 | — |
| 2021 | 40,575 | 52,485 | −11,910 | 10.1 | — |
| 2022 | 60,682 | 47,598 | 13,084 | 14.5 | — |
| 2023 | 53,679 | 58,873 | −5,194 | 10.6 | — |
In its most recent public year (2023), this organization spent $5,194 more than it brought in. Its reserves stood at about 10.6 months of spending, down from 17 in 2020.
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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