Kipp Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 768,038 | 507,358 | 260,680 | 6.2 | 0% |
| 2015 | 4,949,873 | 2,023,174 | 2,926,699 | 7.3 | 0% |
| 2016 | 2,275,791 | 2,824,178 | −548,387 | 6.4 | 0% |
| 2017 | 2,400,396 | 1,922,321 | 478,075 | 17.9 | 0% |
| 2018 | 1,174,653 | 4,532,342 | −3,357,689 | -1.0 | 0% |
| 2019 | 1,545,338 | 1,499,051 | 46,287 | -1.8 | 0% |
| 2020 | 1,742,384 | 535,296 | 1,207,088 | 22.1 | 0% |
| 2021 | 1,940,450 | 986,745 | 953,705 | 23.6 | 0% |
| 2022 | 1,901,970 | 1,240,439 | 661,531 | 25.2 | 0% |
| 2023 | 746,609 | 1,632,355 | −885,746 | 12.6 | 0% |
In its most recent public year (2023), this organization spent $885,746 more than it brought in. Its reserves stood at about 12.6 months of spending, up from 6.2 in 2014. Staff pay was 0% of spending. $580,068 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
Kipp Massachusetts Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works