Wave Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 213,608 | 207,092 | 6,516 | 10.6 | 51% |
| 2012 | 244,527 | 219,668 | 24,859 | 11.2 | 0% |
| 2013 | 235,860 | 226,864 | 8,996 | 11.6 | 10% |
| 2014 | 303,933 | 229,070 | 74,863 | 16.2 | 45% |
| 2015 | 415,989 | 282,324 | 133,665 | 18.6 | 45% |
| 2016 | 752,148 | 354,840 | 397,308 | 28.5 | 44% |
| 2017 | 830,433 | 627,268 | 203,165 | 21.4 | 43% |
| 2018 | 1,005,609 | 652,675 | 352,934 | 25.9 | 41% |
| 2019 | 691,411 | 566,218 | 125,193 | 36.0 | 49% |
| 2020 | 497,115 | 474,034 | 23,081 | 47.5 | 67% |
| 2021 | 624,379 | 333,388 | 290,991 | 84.2 | 56% |
| 2022 | 981,560 | 554,709 | 426,851 | 53.0 | 66% |
| 2023 | 1,073,039 | 786,775 | 286,264 | 45.0 | 59% |
In its most recent public year (2023), this organization brought in $286,264 more than it spent. Its reserves stood at about 45 months of spending, up from 10.6 in 2011. Staff pay was 59% of spending. $225,215 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
Wave Foundation Inc'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