Verity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 250,445 | 217,500 | 32,945 | 3.6 | 49% |
| 2017 | 244,403 | 239,877 | 4,526 | 4.7 | 51% |
| 2018 | 303,031 | 275,309 | 27,722 | 5.3 | 51% |
| 2019 | 310,655 | 286,552 | 24,103 | 6.1 | 50% |
| 2020 | 381,086 | 296,157 | 84,929 | 6.8 | 57% |
| 2021 | 421,587 | 343,532 | 78,055 | 8.6 | 62% |
| 2022 | 299,401 | 341,726 | −42,325 | 7.2 | 60% |
| 2023 | 344,405 | 349,639 | −5,234 | 6.8 | 60% |
In its most recent public year (2023), this organization spent $5,234 more than it brought in. Its reserves stood at about 6.8 months of spending, up from 3.6 in 2015. Staff pay was 60% 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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