Iec Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 487,537 | 51,685 | 435,852 | 101.2 | 48% |
| 2016 | 948,436 | 270,564 | 677,872 | 49.4 | 45% |
| 2017 | 499,580 | 388,526 | 111,054 | 37.8 | 50% |
| 2018 | 1,111,712 | 490,455 | 621,257 | 45.2 | 42% |
| 2019 | 1,018,667 | 680,178 | 338,489 | 38.7 | 25% |
| 2020 | 1,026,900 | 585,395 | 441,505 | 54.1 | 32% |
| 2021 | 803,591 | 773,499 | 30,092 | 41.3 | 26% |
| 2022 | 273,773 | 401,201 | −127,428 | 75.1 | 4% |
| 2023 | 22,240 | 49,227 | −26,987 | 612.9 | 41% |
In its most recent public year (2023), this organization spent $26,987 more than it brought in. Its reserves stood at about 612.9 months of spending, up from 101.2 in 2015. Staff pay was 41% 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
Iec 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