Megs Gift Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 70,309 | 60,000 | 10,309 | 2.1 | — |
| 2016 | 72,577 | 64,479 | 8,098 | 3.5 | — |
| 2017 | 81,102 | 70,746 | 10,356 | 5.0 | — |
| 2018 | 68,553 | 64,992 | 3,561 | 6.1 | — |
| 2019 | 75,972 | 69,899 | 6,073 | 6.7 | — |
| 2020 | 32,437 | 37,038 | −4,601 | 11.1 | — |
| 2021 | 58,077 | 49,744 | 8,333 | 10.3 | — |
| 2022 | 70,077 | 73,418 | −3,341 | 6.4 | — |
| 2023 | 120,062 | 104,121 | 15,941 | 6.4 | — |
In its most recent public year (2023), this organization brought in $15,941 more than it spent. Its reserves stood at about 6.4 months of spending, up from 2.1 in 2015.
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
Megs Gift Inc'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