Mrcc Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 117,145 | 77,313 | 39,832 | 6.2 | — |
| 2017 | 127,541 | 133,096 | −5,555 | 3.1 | — |
| 2018 | 151,570 | 129,725 | 21,845 | 0.6 | — |
| 2019 | 194,236 | 135,040 | 59,196 | 9.9 | — |
| 2020 | 181,537 | 132,050 | 49,487 | 14.7 | — |
| 2021 | 221,252 | 150,883 | 70,369 | 18.4 | 2% |
| 2022 | 348,039 | 399,298 | −51,259 | 5.4 | 1% |
| 2023 | 237,947 | 154,258 | 83,689 | 20.5 | 2% |
In its most recent public year (2023), this organization brought in $83,689 more than it spent. Its reserves stood at about 20.5 months of spending, up from 6.2 in 2016. Staff pay was 2% 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
Mrcc Foundation Inc'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