The Miami Herald Charities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 476,509 | 445,581 | 30,928 | 14.3 | 0% |
| 2012 | 232,440 | 538,291 | −305,851 | 5.0 | 0% |
| 2013 | 512,986 | 487,484 | 25,502 | 6.2 | 0% |
| 2014 | 539,469 | 399,790 | 139,679 | 11.7 | 0% |
| 2015 | 570,356 | 580,763 | −10,407 | 7.8 | 0% |
| 2016 | 487,995 | 477,763 | 10,232 | 9.8 | 0% |
| 2017 | 544,145 | 596,402 | −52,257 | 6.8 | 0% |
| 2018 | 2,099,663 | 454,477 | 1,645,186 | 52.4 | 0% |
| 2019 | 470,640 | 515,459 | −44,819 | 46.0 | 0% |
| 2020 | 488,077 | 463,374 | 24,703 | 52.7 | 0% |
| 2021 | 718,556 | 506,273 | 212,283 | 56.1 | 0% |
| 2022 | 477,092 | 637,336 | −160,244 | 37.0 | 0% |
| 2023 | 511,310 | 602,608 | −91,298 | 40.9 | 0% |
In its most recent public year (2023), this organization spent $91,298 more than it brought in. Its reserves stood at about 40.9 months of spending, up from 14.3 in 2011. Staff pay was 0% of spending. $1,568,091 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
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