Gifts Of Love Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 868,033 | 968,485 | −100,452 | 4.8 | 20% |
| 2012 | 1,013,773 | 1,034,720 | −20,947 | 4.3 | 21% |
| 2013 | 1,027,137 | 1,201,519 | −174,382 | 3.8 | 23% |
| 2014 | 1,407,095 | 1,321,600 | 85,495 | 4.2 | 27% |
| 2015 | 1,787,255 | 1,678,379 | 108,876 | 6.4 | 25% |
| 2016 | 1,808,463 | 1,800,248 | 8,215 | 6.1 | 24% |
| 2017 | 1,949,114 | 1,767,096 | 182,018 | 7.4 | 25% |
| 2018 | 1,746,801 | 1,859,293 | −112,492 | 4.9 | 28% |
| 2019 | 2,061,812 | 1,538,597 | 523,215 | 11.0 | 32% |
| 2020 | 1,114,510 | 1,029,884 | 84,626 | 17.4 | 36% |
| 2021 | 1,383,395 | 1,271,473 | 111,922 | 15.1 | 31% |
| 2022 | 954,654 | 1,314,310 | −359,656 | 10.7 | 22% |
| 2023 | 1,323,157 | 1,125,399 | 197,758 | 14.1 | 32% |
In its most recent public year (2023), this organization brought in $197,758 more than it spent. Its reserves stood at about 14.1 months of spending, up from 4.8 in 2011. Staff pay was 32% of spending. $156,849 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
Gifts Of Love 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