India Heritage Foundation Boston
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 21,793 | 1,413 | 20,380 | 173.1 | — |
| 2018 | 325,258 | 148,384 | 176,874 | 16.0 | 0% |
| 2019 | 279,491 | 174,308 | 105,183 | 20.8 | 0% |
| 2020 | 1,170,132 | 131,373 | 1,038,759 | 122.5 | 0% |
| 2021 | 348,953 | 175,377 | 173,576 | 103.6 | 0% |
| 2022 | 2,238,189 | 273,054 | 1,965,135 | 152.9 | 7% |
| 2023 | 964,614 | 410,147 | 554,467 | 118.0 | 2% |
In its most recent public year (2023), this organization brought in $554,467 more than it spent. Its reserves stood at about 118 months of spending, down from 173.1 in 2017. Staff pay was 2% of spending.
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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