Faber Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 397,217 | 174,613 | 222,604 | 15.3 | 0% |
| 2019 | 193,316 | 118,003 | 75,313 | 30.3 | 0% |
| 2020 | 94,874 | 81,202 | 13,672 | 46.0 | 0% |
| 2021 | 269,987 | 155,923 | 114,064 | 32.8 | 34% |
| 2022 | 209,641 | 211,477 | −1,836 | 24.0 | 44% |
| 2023 | 219,501 | 243,396 | −23,895 | 19.9 | 38% |
| 2024 | 244,082 | 247,828 | −3,746 | 19.4 | 39% |
In its most recent public year (2024), this organization spent $3,746 more than it brought in. Its reserves stood at about 19.4 months of spending, up from 15.3 in 2018. Staff pay was 39% 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 2024. 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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