Iris Lending Library For The Blind Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 58,910 | 56,465 | 2,445 | 0.5 | — |
| 2020 | 60,908 | 64,745 | −3,837 | -0.3 | — |
| 2021 | 199,502 | 82,703 | 116,799 | 65.6 | — |
| 2022 | 110,345 | 54,143 | 56,202 | 112.6 | 0% |
| 2023 | 137,363 | 53,374 | 83,989 | 91.9 | — |
In its most recent public year (2023), this organization brought in $83,989 more than it spent. Its reserves stood at about 91.9 months of spending, up from 0.5 in 2019.
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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