Memphis Goodwill Industries Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $4,118,861 | $3,427,567 | $691,294 | -2.2 | 63% |
| 2021 | $4,418,155 | $3,289,268 | $1,128,887 | 0.0 | 63% |
| 2022 | $5,143,533 | $4,027,859 | $1,115,674 | 1.9 | 65% |
| 2023 | $5,930,304 | $4,817,067 | $1,113,237 | 2.6 | 65% |
In its most recent public year (2023), this organization brought in $1,113,237 more than it spent. Its reserves stood at about 2.6 months of spending, up from -2.2 in 2020. Staff pay was 65% 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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