Hit Living Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 79,577 | 72,697 | 6,880 | 0.0 | — |
| 2020 | 406,714 | 270,574 | 136,140 | 6.6 | 0% |
| 2021 | 376,201 | 356,482 | 19,719 | 5.6 | 0% |
| 2022 | 381,380 | 367,175 | 14,205 | 5.9 | 0% |
| 2023 | 335,001 | 384,371 | −49,370 | 3.4 | 0% |
In its most recent public year (2023), this organization spent $49,370 more than it brought in. Its reserves stood at about 3.4 months of spending, up from 0 in 2019. Staff pay was 0% 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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