Howe Family Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 120,580 | 60,559 | 60,021 | 12.0 | 0% |
| 2014 | 51,331 | 111,849 | −60,518 | 0.1 | 0% |
| 2015 | 197,697 | 87,442 | 110,255 | 15.2 | 0% |
| 2016 | 353,002 | 429,017 | −76,015 | 1.1 | 0% |
| 2017 | 410,728 | 197,127 | 213,601 | 15.7 | 0% |
| 2018 | 611,614 | 489,555 | 122,059 | 9.1 | 0% |
| 2019 | 303,070 | 622,643 | −319,573 | 1.7 | 0% |
| 2020 | 1,468,158 | 646,020 | 822,138 | 17.9 | 0% |
| 2021 | 16,815 | 1,015,134 | −998,319 | 0.1 | 0% |
| 2022 | 1,347,460 | 731,787 | 615,673 | 10.1 | 0% |
| 2023 | 1,008,790 | 1,041,469 | −32,679 | 7.3 | 0% |
In its most recent public year (2023), this organization spent $32,679 more than it brought in. Its reserves stood at about 7.3 months of spending, down from 12 in 2013. Staff pay was 0% of spending. $630,331 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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