Employer-Contribution Veba Trust For Reed College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 443,634 | 178,540 | 265,094 | 309.2 | 0% |
| 2021 | 727,093 | 180,756 | 546,337 | 362.0 | 0% |
| 2022 | 381,659 | 197,573 | 184,086 | 282.6 | 0% |
| 2023 | 620,032 | 219,269 | 400,763 | 309.0 | 0% |
In its most recent public year (2023), this organization brought in $400,763 more than it spent. Its reserves stood at about 309 months of spending. Staff pay was 0% 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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