Warby Parker Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 155,000 | 52 | 154,948 | 35757.2 | — |
| 2020 | 177,500 | 153,251 | 24,249 | 14.0 | — |
| 2021 | 10,311,621 | 87,585 | 10,224,036 | 1425.3 | 0% |
| 2022 | 2,761,949 | 1,272,810 | 1,489,139 | 111.8 | 0% |
| 2023 | 2,980,257 | 1,298,743 | 1,681,514 | 137.8 | 0% |
In its most recent public year (2023), this organization brought in $1,681,514 more than it spent. Its reserves stood at about 137.8 months of spending, down from 35757.2 in 2019. Staff pay was 0% of spending. $2,660,723 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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