Citadel Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,515,073 | 18,257,360 | −1,742,287 | 95.2 | 10% |
| 2012 | 25,247,955 | 16,708,522 | 8,539,433 | 110.3 | 13% |
| 2013 | 38,463,267 | 17,146,348 | 21,316,919 | 122.4 | 14% |
| 2014 | 30,524,321 | 18,226,669 | 12,297,652 | 123.2 | 16% |
| 2015 | 24,245,128 | 19,862,576 | 4,382,552 | 115.7 | 16% |
| 2016 | 23,963,622 | 23,401,565 | 562,057 | 98.3 | 14% |
| 2017 | 52,180,742 | 21,025,884 | 31,154,858 | 127.2 | 14% |
| 2018 | 20,123,772 | 23,982,826 | −3,859,054 | 107.8 | 13% |
| 2019 | 24,353,306 | 26,896,499 | −2,543,193 | 103.4 | 10% |
| 2020 | 33,142,799 | 24,268,808 | 8,873,991 | 129.3 | 14% |
| 2021 | 48,215,262 | 20,656,456 | 27,558,806 | 179.9 | 19% |
| 2022 | 31,638,526 | 24,586,077 | 7,052,449 | 139.4 | 17% |
| 2023 | 33,560,971 | 34,547,669 | −986,698 | 99.6 | 14% |
In its most recent public year (2023), this organization spent $986,698 more than it brought in. Its reserves stood at about 99.6 months of spending, up from 95.2 in 2011. Staff pay was 14% of spending. $208,595,285 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
Citadel Foundation'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