Friends Of The Legal Services Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,141,769 | 1,578,643 | 563,126 | 56.0 | 6% |
| 2021 | 2,210,625 | 1,653,904 | 556,721 | 57.0 | 6% |
| 2022 | 2,269,250 | 1,581,126 | 688,124 | 64.2 | 7% |
| 2023 | 2,195,432 | 1,993,292 | 202,140 | 52.1 | 7% |
In its most recent public year (2023), this organization brought in $202,140 more than it spent. Its reserves stood at about 52.1 months of spending, down from 56 in 2020. Staff pay was 7% of spending.
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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