Idc Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 25,741,644 | 6,419,180 | 19,322,464 | 37.6 | 0% |
| 2018 | 11,675,200 | 1,896,650 | 9,778,550 | 185.3 | 0% |
| 2019 | 1,541,067 | 2,953,093 | −1,412,026 | 115.7 | 0% |
| 2020 | 1,031,808 | 935,805 | 96,003 | 364.2 | 0% |
| 2021 | 1,443,639 | 1,898,905 | −455,266 | 199.2 | 0% |
| 2022 | 1,892,547 | 1,449,551 | 442,996 | 221.4 | 0% |
| 2023 | 1,166,011 | 2,039,817 | −873,806 | 161.5 | 0% |
In its most recent public year (2023), this organization spent $873,806 more than it brought in. Its reserves stood at about 161.5 months of spending, up from 37.6 in 2017. 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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