Midday Charity Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 97,259 | 60,304 | 36,955 | 8.3 | — |
| 2017 | 69,530 | 58,740 | 10,790 | 10.8 | — |
| 2018 | 66,257 | 43,626 | 22,631 | 20.7 | — |
| 2019 | 57,096 | 67,557 | −10,461 | 11.5 | — |
| 2020 | 16,134 | 42,132 | −25,998 | 11.1 | — |
| 2021 | 41,722 | 15,481 | 26,241 | 50.5 | — |
| 2022 | 52,085 | 33,533 | 18,552 | 30.0 | — |
| 2023 | 78,144 | 58,242 | 19,902 | 21.3 | — |
In its most recent public year (2023), this organization brought in $19,902 more than it spent. Its reserves stood at about 21.3 months of spending, up from 8.3 in 2016.
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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