Hutch Rec Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 17,005 | −17,005 | 97.9 | — |
| 2021 | 59,258 | 19,816 | 39,442 | 111.8 | — |
| 2022 | 61,476 | 22,506 | 38,970 | 116.8 | — |
| 2023 | 66,678 | 9,374 | 57,304 | 358.5 | — |
In its most recent public year (2023), this organization brought in $57,304 more than it spent. Its reserves stood at about 358.5 months of spending, up from 97.9 in 2019.
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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