Ought Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 118,275 | 82,477 | 35,798 | 5.2 | — |
| 2019 | 809,500 | 546,024 | 263,476 | 6.4 | 41% |
| 2020 | 4,745,714 | 1,183,867 | 3,561,847 | 38.9 | 55% |
| 2021 | 1,778,546 | 1,174,218 | 604,328 | 45.2 | 60% |
| 2022 | 796,178 | 1,559,266 | −763,088 | 29.0 | 60% |
| 2023 | 5,063,386 | 3,124,620 | 1,938,766 | 21.9 | 49% |
In its most recent public year (2023), this organization brought in $1,938,766 more than it spent. Its reserves stood at about 21.9 months of spending, up from 5.2 in 2018. Staff pay was 49% 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
Ought 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