Womens Foundation Of Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,965,555 | 594,479 | 1,371,076 | 86.2 | 0% |
| 2021 | 3,882,347 | 757,734 | 3,124,613 | 119.0 | 3% |
| 2022 | 3,515,217 | 1,512,077 | 2,003,140 | 73.0 | 5% |
| 2023 | 5,207,870 | 1,713,022 | 3,494,848 | 90.2 | 16% |
In its most recent public year (2023), this organization brought in $3,494,848 more than it spent. Its reserves stood at about 90.2 months of spending, up from 86.2 in 2020. Staff pay was 16% of spending. $1,763,343 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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