Wichita Falls Area Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,173,676 | 3,964,277 | 6,209,399 | 113.0 | 5% |
| 2012 | 5,102,583 | 5,209,458 | −106,875 | 92.1 | 4% |
| 2013 | 6,687,192 | 5,383,299 | 1,303,893 | 102.2 | 4% |
| 2014 | 8,969,725 | 4,639,738 | 4,329,987 | 128.5 | 5% |
| 2015 | 4,667,985 | 4,847,250 | −179,265 | 118.0 | 5% |
| 2016 | 6,285,851 | 5,068,245 | 1,217,606 | 122.1 | 6% |
| 2017 | 11,348,540 | 6,521,672 | 4,826,868 | 114.5 | 5% |
| 2018 | 9,352,346 | 9,026,977 | 325,369 | 76.6 | 4% |
| 2019 | 6,726,181 | 6,703,873 | 22,308 | 117.4 | 5% |
| 2020 | 6,140,031 | 5,181,876 | 958,155 | 161.6 | 7% |
| 2021 | 8,576,098 | 7,779,015 | 797,083 | 124.2 | 5% |
| 2022 | 5,318,274 | 7,065,301 | −1,747,027 | 113.3 | 6% |
| 2023 | 8,784,375 | 6,567,955 | 2,216,420 | 138.9 | 6% |
In its most recent public year (2023), this organization brought in $2,216,420 more than it spent. Its reserves stood at about 138.9 months of spending, up from 113 in 2011. Staff pay was 6% of spending. $28,895,911 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
Wichita Falls Area Community Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works