The Reed Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 78,338 | 71,334 | 7,004 | 1.4 | — |
| 2018 | 81,909 | 76,824 | 5,085 | 0.0 | — |
| 2019 | 253,080 | 205,597 | 47,483 | 4.6 | 34% |
| 2020 | 195,301 | 182,687 | 12,614 | 6.0 | 33% |
| 2021 | 341,101 | 199,934 | 141,167 | 13.9 | 34% |
| 2022 | 593,549 | 561,097 | 32,452 | 5.7 | 14% |
In its most recent public year (2022), this organization brought in $32,452 more than it spent. Its reserves stood at about 5.7 months of spending, up from 1.4 in 2017. Staff pay was 14% 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 2022. 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 Reed Community Foundation's IRS filings as a feed — one entry per filing year, through 2022. 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