Blind Institute Of Technology
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 45,758 | 54,942 | −9,184 | -2.0 | — |
| 2014 | 131,042 | 119,524 | 11,518 | 0.2 | — |
| 2015 | 191,854 | 187,047 | 4,807 | 0.5 | 74% |
| 2016 | 328,635 | 311,373 | 17,262 | 0.9 | 29% |
| 2017 | 943,560 | 823,121 | 120,439 | 1.9 | 44% |
| 2018 | 841,686 | 770,882 | 70,804 | 3.1 | 30% |
| 2019 | 576,626 | 717,640 | −141,014 | 0.9 | 36% |
| 2020 | 834,553 | 682,174 | 152,379 | 3.7 | 66% |
| 2021 | 1,065,318 | 956,774 | 108,544 | 4.0 | 65% |
| 2022 | 1,184,778 | 1,197,514 | −12,736 | 3.1 | 44% |
| 2023 | 1,077,170 | 1,306,775 | −229,605 | 0.7 | 52% |
In its most recent public year (2023), this organization spent $229,605 more than it brought in. Its reserves stood at about 0.7 months of spending, up from -2 in 2013. Staff pay was 52% 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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