World Scholarship Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 7,595 | 4,231 | 3,364 | 9.5 | — |
| 2014 | 8,410 | 4,653 | 3,757 | 18.4 | — |
| 2015 | 6,675 | 9,304 | −2,629 | 5.8 | — |
| 2016 | 22,467 | 6,471 | 15,996 | 38.0 | — |
| 2017 | 23,431 | 6,677 | 16,754 | 66.9 | — |
| 2018 | 34,524 | 10,299 | 24,225 | 71.6 | — |
| 2019 | 31,177 | 8,627 | 22,550 | 116.9 | — |
| 2020 | 25,565 | 13,245 | 12,320 | 87.3 | — |
| 2021 | 39,684 | 32,564 | 7,120 | 38.1 | — |
In its most recent public year (2021), this organization brought in $7,120 more than it spent. Its reserves stood at about 38.1 months of spending, up from 9.5 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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