Bronx Letters Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 817,219 | 153,226 | 663,993 | 52.0 | 0% |
| 2017 | 386,717 | 340,971 | 45,746 | 25.4 | 0% |
| 2018 | 409,056 | 340,258 | 68,798 | 28.1 | 23% |
| 2019 | 419,606 | 386,187 | 33,419 | 26.0 | 32% |
| 2020 | 463,106 | 383,370 | 79,736 | 28.6 | 42% |
| 2021 | 449,988 | 303,476 | 146,512 | 43.8 | 53% |
| 2022 | 467,401 | 382,098 | 85,303 | 36.2 | 45% |
| 2023 | 332,034 | 584,112 | −252,078 | 18.9 | 25% |
In its most recent public year (2023), this organization spent $252,078 more than it brought in. Its reserves stood at about 18.9 months of spending, down from 52 in 2016. Staff pay was 25% of spending. $85,266 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
Bronx Letters 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