Memphis Interfaith Coalition For Acton And Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 157,090 | 17,299 | 139,791 | 97.0 | — |
| 2019 | 182,103 | 117,955 | 64,148 | 20.7 | — |
| 2020 | 430,298 | 193,130 | 237,168 | 27.4 | 55% |
| 2021 | 348,098 | 263,185 | 84,913 | 24.0 | 61% |
| 2022 | 450,726 | 373,857 | 76,869 | 19.4 | 59% |
| 2023 | 440,049 | 507,577 | −67,528 | 12.7 | 50% |
In its most recent public year (2023), this organization spent $67,528 more than it brought in. Its reserves stood at about 12.7 months of spending, down from 97 in 2018. Staff pay was 50% of spending. $535,361 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
Memphis Interfaith Coalition For Acton And Hope'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