Reverend George T Ruffolo Memorial Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 66,153 | 17,852 | 48,301 | 32.5 | — |
| 2014 | 28,062 | 17,575 | 10,487 | 40.1 | — |
| 2015 | 24,063 | 20,389 | 3,674 | 36.8 | — |
| 2016 | 33,879 | 25,345 | 8,534 | 33.6 | — |
| 2017 | 25,798 | 27,108 | −1,310 | 30.8 | — |
| 2018 | 30,884 | 31,479 | −595 | 26.3 | — |
| 2019 | 33,533 | 32,790 | 743 | 25.6 | — |
| 2020 | 7,925 | 28,694 | −20,769 | 20.5 | — |
| 2021 | 17,047 | 17,010 | 37 | 34.6 | — |
| 2022 | 49,579 | 42,236 | 7,343 | 16.0 | — |
| 2023 | 29,355 | 17,233 | 12,122 | 47.7 | — |
In its most recent public year (2023), this organization brought in $12,122 more than it spent. Its reserves stood at about 47.7 months of spending, up from 32.5 in 2013.
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
Reverend George T Ruffolo Memorial Scholarship 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