Institute For Justice
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 24,164,577 | 23,472,351 | 692,226 | 46.5 | 59% |
| 2020 | 35,215,327 | 26,333,259 | 8,882,068 | 43.8 | 61% |
| 2021 | 37,879,934 | 29,193,641 | 8,686,293 | 47.9 | 61% |
| 2022 | 38,984,471 | 33,233,789 | 5,750,682 | 40.4 | 59% |
| 2023 | 38,753,383 | 37,733,069 | 1,020,314 | 36.4 | 59% |
| 2024 | 49,926,462 | 44,264,308 | 5,662,154 | 34.5 | 55% |
In its most recent public year (2024), this organization brought in $5,662,154 more than it spent. Its reserves stood at about 34.5 months of spending, down from 46.5 in 2019. Staff pay was 55% of spending. $2,876,714 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 2024. 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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