Friends Of Malawi
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,138 | 7,617 | 5,521 | 55.6 | — |
| 2021 | 12,931 | 20,725 | −7,794 | 15.9 | — |
| 2022 | 23,596 | 18,959 | 4,637 | 20.3 | — |
| 2023 | 16,898 | 23,111 | −6,213 | 13.5 | — |
In its most recent public year (2023), this organization spent $6,213 more than it brought in. Its reserves stood at about 13.5 months of spending, down from 55.6 in 2020.
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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