Our Lady Of Light Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 366,536 | 87,381 | 279,155 | 48.3 | 0% |
| 2015 | 46,808 | 73,696 | −26,888 | 52.9 | 0% |
| 2016 | 68,727 | 87,519 | −18,792 | 21.2 | 54% |
| 2017 | 153,238 | 148,797 | 4,441 | 13.6 | — |
| 2018 | 140,888 | 187,687 | −46,799 | 8.2 | — |
| 2019 | 180,778 | 159,150 | 21,628 | 14.0 | — |
| 2020 | 358,362 | 206,423 | 151,939 | 19.7 | 28% |
| 2021 | 362,395 | 292,034 | 70,361 | 17.2 | 23% |
| 2022 | 423,807 | 517,650 | −93,843 | 7.2 | 12% |
| 2023 | 358,169 | 506,435 | −148,266 | 3.9 | 12% |
In its most recent public year (2023), this organization spent $148,266 more than it brought in. Its reserves stood at about 3.9 months of spending, down from 48.3 in 2014. Staff pay was 12% 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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