William H Gray Iii Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 148,562 | 72,631 | 75,931 | 12.5 | 0% |
| 2019 | 204,892 | 168,124 | 36,768 | 8.0 | 0% |
| 2020 | 28,074 | 72,963 | −44,889 | 11.2 | 0% |
| 2021 | 365,279 | 165,166 | 200,113 | 19.5 | 0% |
| 2022 | 1,157,234 | 352,226 | 805,008 | 36.6 | 0% |
| 2023 | 251,862 | 462,065 | −210,203 | 22.4 | 18% |
In its most recent public year (2023), this organization spent $210,203 more than it brought in. Its reserves stood at about 22.4 months of spending, up from 12.5 in 2018. Staff pay was 18% 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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