Daystar Foundation And Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,998,316 | 2,396,863 | 601,453 | 95.1 | 38% |
| 2021 | 3,547,578 | 2,422,975 | 1,124,603 | 99.4 | 36% |
| 2022 | 3,283,745 | 2,119,439 | 1,164,306 | 119.6 | 31% |
| 2023 | 3,599,495 | 2,299,387 | 1,300,108 | 117.6 | 27% |
In its most recent public year (2023), this organization brought in $1,300,108 more than it spent. Its reserves stood at about 117.6 months of spending, up from 95.1 in 2020. Staff pay was 27% of spending. $1,297,176 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
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