Lowes Employee Relief Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,427,530 | 2,352,647 | 74,883 | 22.8 | 0% |
| 2012 | 2,475,366 | 2,211,672 | 263,694 | 25.7 | 0% |
| 2013 | 2,657,819 | 2,748,144 | −90,325 | 20.3 | 0% |
| 2014 | 2,503,239 | 3,143,943 | −640,704 | 15.3 | 0% |
| 2015 | 2,943,370 | 3,356,438 | −413,068 | 12.8 | 0% |
| 2016 | 3,067,995 | 3,585,033 | −517,038 | 10.3 | 0% |
| 2017 | 2,427,444 | 3,308,204 | −880,760 | 8.0 | 0% |
| 2018 | 5,037,461 | 3,146,885 | 1,890,576 | 15.6 | 0% |
| 2019 | 4,485,448 | 3,176,768 | 1,308,680 | 20.4 | 0% |
| 2020 | 4,446,408 | 2,521,913 | 1,924,495 | 34.8 | 0% |
| 2021 | 5,760,822 | 4,396,070 | 1,364,752 | 23.7 | 0% |
| 2022 | 5,411,325 | 3,159,597 | 2,251,728 | 41.5 | 0% |
| 2023 | 5,827,846 | 6,030,214 | −202,368 | 21.7 | 0% |
In its most recent public year (2023), this organization spent $202,368 more than it brought in. Its reserves stood at about 21.7 months of spending, down from 22.8 in 2011. Staff pay was 0% 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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