Los Gatos Christmas Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2023 | 21,676 | 50,325 | −28,649 | 59.1 | — |
| 2024 | 9,373 | 2,542 | 6,831 | 1202.2 | — |
In its most recent public year (2024), this organization brought in $6,831 more than it spent. Its reserves stood at about 1202.2 months of spending, up from 59.1 in 2023.
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 2024. 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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