Foundation For Critical Thinking
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 198,566 | 271,882 | −73,316 | 27.3 | 45% |
| 2021 | 302,754 | 282,272 | 20,482 | 27.2 | 47% |
| 2022 | 200,016 | 229,323 | −29,307 | 31.9 | 40% |
| 2023 | 185,968 | 190,937 | −4,969 | 38.0 | 40% |
In its most recent public year (2023), this organization spent $4,969 more than it brought in. Its reserves stood at about 38 months of spending, up from 27.3 in 2020. Staff pay was 40% 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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