Cleveland Furniture Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,083,071 | 1,892,369 | 190,702 | 2.2 | 37% |
| 2012 | 2,209,157 | 2,060,794 | 148,363 | 2.9 | 34% |
| 2013 | 2,209,549 | 2,130,325 | 79,224 | 3.3 | 33% |
| 2014 | 2,056,595 | 2,143,326 | −86,731 | 2.8 | 31% |
| 2015 | 2,094,099 | 2,010,997 | 83,102 | 3.4 | 35% |
| 2016 | 2,203,816 | 2,187,865 | 15,951 | 3.2 | 35% |
| 2017 | 2,209,411 | 2,345,825 | −136,414 | 2.3 | 33% |
| 2018 | 2,225,326 | 2,283,880 | −58,554 | 2.1 | 35% |
| 2019 | 2,104,253 | 2,126,019 | −21,766 | 2.1 | 36% |
| 2020 | 1,871,884 | 1,807,870 | 64,014 | 2.9 | 39% |
| 2021 | 2,098,387 | 1,829,166 | 269,221 | 4.6 | 40% |
| 2022 | 2,229,373 | 1,989,518 | 239,855 | 5.7 | 39% |
| 2023 | 2,394,587 | 2,328,865 | 65,722 | 5.2 | 40% |
In its most recent public year (2023), this organization brought in $65,722 more than it spent. Its reserves stood at about 5.2 months of spending, up from 2.2 in 2011. Staff pay was 40% of spending. $107,750 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 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
Cleveland Furniture Bank's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works