Joseph V Caruana Memorial Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 76,293 | 8,770 | 67,523 | 92.4 | — |
| 2019 | 10,037 | 5,888 | 4,149 | 146.1 | — |
| 2020 | 195 | 11,812 | −11,617 | 61.0 | — |
| 2021 | 930 | 10,074 | −9,144 | 60.6 | — |
| 2022 | 685 | 14,299 | −13,614 | 31.3 | — |
| 2023 | 14,514 | 19,387 | −4,873 | 20.1 | — |
In its most recent public year (2023), this organization spent $4,873 more than it brought in. Its reserves stood at about 20.1 months of spending, down from 92.4 in 2018.
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
Joseph V Caruana Memorial Foundation Inc'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