Community Literature Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 130,995 | 139,182 | −8,187 | -2.1 | — |
| 2021 | 292,942 | 336,479 | −43,537 | -1.3 | 26% |
| 2022 | 565,256 | 614,673 | −49,417 | -1.7 | 30% |
| 2023 | 402,690 | 493,904 | −91,214 | 0.8 | 52% |
In its most recent public year (2023), this organization spent $91,214 more than it brought in. Its reserves stood at about 0.8 months of spending, up from -2.1 in 2020. Staff pay was 52% 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
Community Literature Initiative'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