Whidbey Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 91,365 | 70,628 | 20,737 | 6.9 | — |
| 2018 | 106,266 | 67,463 | 38,803 | 14.2 | — |
| 2019 | 238,617 | 75,668 | 162,949 | 38.6 | 22% |
| 2020 | 849,027 | 430,582 | 418,445 | 19.9 | 9% |
| 2021 | 767,806 | 509,530 | 258,276 | 23.8 | 13% |
| 2022 | 3,047,195 | 764,294 | 2,282,901 | 50.6 | 14% |
| 2023 | 2,857,811 | 1,346,805 | 1,511,006 | 42.5 | 8% |
In its most recent public year (2023), this organization brought in $1,511,006 more than it spent. Its reserves stood at about 42.5 months of spending, up from 6.9 in 2017. Staff pay was 8% of spending. $525,145 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
Whidbey Community Foundation'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