Our Hometown Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 449,850 | 6,049 | 443,801 | 880.4 | 0% |
| 2017 | 350,972 | 40,434 | 310,538 | 223.9 | 0% |
| 2018 | 251,439 | 163,701 | 87,738 | 61.7 | 11% |
| 2019 | 206,497 | 178,020 | 28,477 | 58.7 | 17% |
| 2020 | 190,831 | 164,294 | 26,537 | 65.5 | 13% |
| 2021 | 79,080 | 89,852 | −10,772 | 118.4 | 8% |
| 2022 | 145,912 | 170,261 | −24,349 | 63.9 | 7% |
| 2023 | 100,485 | 131,018 | −30,533 | 80.2 | 9% |
| 2024 | 103,428 | 170,875 | −67,447 | 56.8 | 8% |
In its most recent public year (2024), this organization spent $67,447 more than it brought in. Its reserves stood at about 56.8 months of spending, down from 880.4 in 2016. Staff pay was 8% of spending. $593,194 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 2024. 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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