Student Clothing Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 97,599 | 70,293 | 27,306 | 8.6 | — |
| 2019 | 98,842 | 103,126 | −4,284 | 4.8 | — |
| 2020 | 197,987 | 134,760 | 63,227 | 9.3 | — |
| 2021 | 258,363 | 192,236 | 66,127 | 9.7 | 42% |
| 2022 | 490,628 | 300,865 | 189,763 | 13.7 | 36% |
| 2023 | 630,844 | 581,270 | 49,574 | 8.1 | 33% |
In its most recent public year (2023), this organization brought in $49,574 more than it spent. Its reserves stood at about 8.1 months of spending. Staff pay was 33% 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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