Bhagat Charitable Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,500 | 15,200 | −12,700 | 6.8 | — |
| 2012 | 4,500 | 6,281 | −1,781 | 13.1 | — |
| 2013 | 0 | 503 | −503 | 151.0 | — |
| 2014 | 10,101 | 2,753 | 7,348 | 59.6 | — |
| 2015 | 58,601 | 2,197 | 56,404 | 382.8 | — |
| 2016 | 10,351 | 4,902 | 5,449 | 184.9 | — |
| 2017 | 6,500 | 1,457 | 5,043 | 663.6 | — |
| 2018 | 3,005 | 3,657 | −652 | 262.3 | — |
| 2019 | 0 | 1,500 | −1,500 | 627.4 | — |
| 2020 | 2,477 | 1,750 | 727 | 542.7 | — |
| 2022 | −12,849 | 2,228 | −15,077 | 347.5 | — |
| 2023 | 10,260 | 2,710 | 7,550 | 319.1 | — |
In its most recent public year (2023), this organization brought in $7,550 more than it spent. Its reserves stood at about 319.1 months of spending, up from 6.8 in 2011.
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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