The Launchcode Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 241,442 | 116,752 | 124,690 | 12.8 | 83% |
| 2015 | 3,697,507 | 2,210,257 | 1,487,250 | 8.8 | 74% |
| 2016 | 4,142,620 | 4,309,010 | −166,390 | 4.1 | 69% |
| 2017 | 6,766,235 | 5,581,284 | 1,184,951 | 5.6 | 67% |
| 2018 | 10,884,872 | 8,679,860 | 2,205,012 | 6.7 | 70% |
| 2019 | 15,054,549 | 12,655,091 | 2,399,458 | 6.9 | 70% |
| 2020 | 17,415,246 | 12,816,223 | 4,599,023 | 11.1 | 69% |
| 2021 | 16,796,933 | 12,573,874 | 4,223,059 | 15.3 | 71% |
| 2022 | 18,627,077 | 17,703,986 | 923,091 | 11.5 | 66% |
| 2023 | 14,490,438 | 16,986,776 | −2,496,338 | 10.3 | 64% |
In its most recent public year (2023), this organization spent $2,496,338 more than it brought in. Its reserves stood at about 10.3 months of spending, down from 12.8 in 2014. Staff pay was 64% of spending. $372,331 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
The Launchcode 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