Tel Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 113,598 | 79,287 | 34,311 | 5.2 | 66% |
| 2016 | 247,005 | 173,409 | 73,596 | 7.5 | 83% |
| 2017 | 672,458 | 375,961 | 296,497 | 12.9 | 54% |
| 2018 | 449,598 | 258,768 | 190,830 | 27.6 | 64% |
| 2019 | 507,215 | 401,076 | 106,139 | 20.8 | 76% |
| 2020 | 811,764 | 543,677 | 268,087 | 21.3 | 54% |
| 2021 | 2,599,563 | 2,151,053 | 448,510 | 7.9 | 13% |
| 2022 | 807,789 | 563,546 | 244,243 | 44.0 | 17% |
| 2023 | 1,559,905 | 1,499,286 | 60,619 | 17.0 | 0% |
In its most recent public year (2023), this organization brought in $60,619 more than it spent. Its reserves stood at about 17 months of spending, up from 5.2 in 2015. 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
Tel Foundation'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