Free To Choose Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,794,843 | 3,547,748 | 247,095 | 3.8 | 25% |
| 2013 | 4,130,286 | 4,245,410 | −115,124 | 2.8 | 18% |
| 2014 | 5,531,974 | 3,918,885 | 1,613,089 | 8.0 | 21% |
| 2015 | 3,776,116 | 4,587,314 | −811,198 | 4.7 | 18% |
| 2016 | 4,919,766 | 4,689,677 | 230,089 | 5.2 | 20% |
| 2017 | 3,602,968 | 4,254,273 | −651,305 | 4.0 | 24% |
| 2018 | 4,459,359 | 3,734,838 | 724,521 | 6.9 | 31% |
| 2019 | 3,299,996 | 3,541,006 | −241,010 | 6.4 | 31% |
| 2020 | 2,894,526 | 3,621,886 | −727,360 | 3.9 | 31% |
| 2021 | 4,682,369 | 2,988,079 | 1,694,290 | 11.5 | 40% |
| 2022 | 4,181,132 | 4,655,128 | −473,996 | 5.9 | 22% |
| 2023 | 4,533,647 | 3,630,507 | 903,140 | 10.6 | 21% |
In its most recent public year (2023), this organization brought in $903,140 more than it spent. Its reserves stood at about 10.6 months of spending, up from 3.8 in 2012. Staff pay was 21% of spending. $2,136,437 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 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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