Sitare Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,104,030 | 547,365 | 16,556,665 | 371.2 | 0% |
| 2021 | 2,923,884 | 1,508,605 | 1,415,279 | 184.4 | 0% |
| 2022 | 3,828,463 | 1,414,108 | 2,414,355 | 154.3 | 0% |
| 2023 | 4,055,470 | 4,076,467 | −20,997 | 65.1 | 0% |
In its most recent public year (2023), this organization spent $20,997 more than it brought in. Its reserves stood at about 65.1 months of spending, down from 371.2 in 2020. 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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