Springspirit Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,361,433 | 2,336,240 | 25,193 | 34.2 | 46% |
| 2020 | 2,955,512 | 2,291,797 | 663,715 | 38.2 | 45% |
| 2021 | 2,805,065 | 2,288,773 | 516,292 | 40.9 | 49% |
| 2022 | 3,800,913 | 2,772,468 | 1,028,445 | 38.2 | 45% |
| 2023 | 3,906,863 | 3,347,971 | 558,892 | 33.6 | 47% |
In its most recent public year (2023), this organization brought in $558,892 more than it spent. Its reserves stood at about 33.6 months of spending. Staff pay was 47% of spending. $404,357 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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