Mit International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 25,196,000 | 0 | 25,196,000 | — | — |
| 2017 | 68,877,000 | 2,700,000 | 66,177,000 | 406.1 | 11% |
| 2018 | 24,842,000 | 14,213,000 | 10,629,000 | 86.1 | 3% |
| 2019 | 20,892,000 | 9,955,000 | 10,937,000 | 136.1 | 5% |
| 2020 | 17,443,000 | 5,652,000 | 11,791,000 | 264.8 | 11% |
| 2021 | 6,428,000 | 8,792,000 | −2,364,000 | 58.1 | 7% |
| 2022 | 2,729,000 | 3,863,000 | −1,134,000 | 107.2 | 25% |
| 2023 | 23,334,000 | 8,383,000 | 14,951,000 | 23.9 | 13% |
In its most recent public year (2023), this organization brought in $14,951,000 more than it spent. Its reserves stood at about 23.9 months of spending. Staff pay was 13% of spending. $13,801,000 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
Mit International 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