The L-Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 30,892 | 23,453 | 7,439 | 8.9 | — |
| 2017 | 52,862 | 17,746 | 35,116 | 35.5 | — |
| 2018 | 148,491 | 69,420 | 79,071 | 22.7 | — |
| 2019 | 283,400 | 170,351 | 113,049 | 17.3 | 0% |
| 2020 | 264,415 | 156,677 | 107,738 | 27.0 | 19% |
| 2021 | 132,912 | 63,778 | 69,134 | 79.4 | 0% |
| 2022 | 73,873 | 134,313 | −60,440 | 32.3 | 0% |
| 2023 | 177,839 | 150,613 | 27,226 | 31.0 | 0% |
In its most recent public year (2023), this organization brought in $27,226 more than it spent. Its reserves stood at about 31 months of spending, up from 8.9 in 2016. Staff pay was 0% of spending. $107,737 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
The L-Fund'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