Hack Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,600,932 | 1,413,912 | 187,020 | 12.3 | 49% |
| 2021 | 3,041,120 | 1,711,023 | 1,330,097 | 17.8 | 32% |
| 2022 | 4,974,838 | 3,170,440 | 1,804,398 | 18.0 | 28% |
| 2023 | 11,357,856 | 6,018,628 | 5,339,228 | 20.2 | 24% |
In its most recent public year (2023), this organization brought in $5,339,228 more than it spent. Its reserves stood at about 20.2 months of spending, up from 12.3 in 2020. Staff pay was 24% of spending. $7,751,576 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
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