Charusat Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 576,610 | 428,415 | 148,195 | 4.3 | 0% |
| 2015 | 1,150,950 | 1,140,550 | 10,400 | 0.2 | 0% |
| 2016 | 893,502 | 659,438 | 234,064 | 4.6 | 0% |
| 2017 | 1,202,909 | 1,455,110 | −252,201 | 0.0 | 0% |
| 2018 | 664,024 | 579,022 | 85,002 | 1.8 | 0% |
| 2019 | 471,933 | 449,256 | 22,677 | 2.9 | 0% |
| 2020 | 1,137,495 | 1,074,422 | 63,073 | 1.9 | 0% |
| 2021 | 713,268 | 629,662 | 83,606 | 4.8 | 0% |
| 2022 | 1,439,910 | 1,570,366 | −130,456 | 0.9 | 0% |
| 2023 | 499,062 | 622,906 | −123,844 | 0.0 | 0% |
In its most recent public year (2023), this organization spent $123,844 more than it brought in. Its reserves stood at about 0 months of spending, down from 4.3 in 2013. Staff pay was 0% of spending. $100 of its net assets are donor-restricted.
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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