Live Free Chicago
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 370,234 | 353,036 | 17,198 | 7.4 | 54% |
| 2022 | 1,121,570 | 622,289 | 499,281 | 13.8 | 38% |
| 2023 | 1,258,097 | 889,785 | 368,312 | 14.6 | 41% |
In its most recent public year (2023), this organization brought in $368,312 more than it spent. Its reserves stood at about 14.6 months of spending, up from 7.4 in 2021. Staff pay was 41% of spending. $683,301 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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