Local 690 Charitable Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 67,930 | 30,973 | 36,957 | 23.9 | — |
| 2022 | 63,375 | 35,044 | 28,331 | 30.8 | — |
| 2023 | 65,845 | 47,691 | 18,154 | 27.2 | — |
In its most recent public year (2023), this organization brought in $18,154 more than it spent. Its reserves stood at about 27.2 months of spending, up from 23.9 in 2021.
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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