Charlou Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 483,432 | 43,842 | 439,590 | 5679.4 | 0% |
| 2021 | −259,209 | 44,003 | −303,212 | 5599.3 | 0% |
| 2022 | 1,073,117 | 58,630 | 1,014,487 | 4458.1 | 0% |
| 2023 | 1,637,476 | 3,349,966 | −1,712,490 | 69.5 | 0% |
In its most recent public year (2023), this organization spent $1,712,490 more than it brought in. Its reserves stood at about 69.5 months of spending. 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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