Meds For Africa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 21,533 | 23,954 | −2,421 | 6.8 | — |
| 2021 | 41,557 | 38,631 | 2,926 | 5.1 | — |
| 2022 | 26,783 | 24,720 | 2,063 | 9.0 | — |
| 2023 | 123,105 | 106,377 | 16,728 | 4.0 | — |
In its most recent public year (2023), this organization brought in $16,728 more than it spent. Its reserves stood at about 4 months of spending, down from 6.8 in 2020.
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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