Laundry Workers Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 538,929 | 162,872 | 376,057 | 27.7 | 52% |
| 2019 | 250,288 | 222,035 | 28,253 | 21.9 | 52% |
| 2020 | 330,514 | 262,692 | 67,822 | 21.6 | 51% |
| 2021 | 328,603 | 263,283 | 65,320 | 24.5 | 56% |
| 2022 | 310,043 | 299,329 | 10,714 | 22.0 | 55% |
| 2023 | 518,286 | 302,638 | 215,648 | 30.3 | 56% |
In its most recent public year (2023), this organization brought in $215,648 more than it spent. Its reserves stood at about 30.3 months of spending, up from 27.7 in 2018. Staff pay was 56% of spending. $121,319 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
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