Karat School Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 187,921 | 91,680 | 96,241 | 11.2 | — |
| 2021 | 114,626 | 145,841 | −31,215 | 4.5 | — |
| 2022 | 335,775 | 281,300 | 54,475 | 4.6 | 29% |
| 2023 | 142,678 | 212,317 | −69,639 | 2.2 | 34% |
In its most recent public year (2023), this organization spent $69,639 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 11.2 in 2020. Staff pay was 34% 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
Karat School Project'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