Lcg Icare Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 341,382 | 64,398 | 276,984 | 251.8 | 0% |
| 2021 | 487,756 | 242,135 | 245,621 | 79.2 | 0% |
| 2022 | 627,919 | 495,641 | 132,278 | 41.8 | 12% |
| 2023 | 750,019 | 532,173 | 217,846 | 44.4 | 16% |
In its most recent public year (2023), this organization brought in $217,846 more than it spent. Its reserves stood at about 44.4 months of spending, down from 251.8 in 2020. Staff pay was 16% of spending.
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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