The Incarnation Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 366,796 | 365,456 | 1,340 | 485.9 | 6% |
| 2021 | 1,137,419 | 288,497 | 848,922 | 713.3 | 5% |
| 2022 | 890,660 | 190,808 | 699,852 | 938.7 | 15% |
| 2023 | 715,449 | 989,916 | −274,467 | 198.3 | 2% |
In its most recent public year (2023), this organization spent $274,467 more than it brought in. Its reserves stood at about 198.3 months of spending, down from 485.9 in 2020. Staff pay was 2% of spending. $12,285,561 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works