Jubilee Gift Galaxy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 145,343 | 91,287 | 54,056 | 7.1 | — |
| 2022 | 2,747,400 | 789,997 | 1,957,403 | 30.6 | 20% |
| 2023 | 2,359,920 | 3,276,768 | −916,848 | 10.5 | 6% |
In its most recent public year (2023), this organization spent $916,848 more than it brought in. Its reserves stood at about 10.5 months of spending, up from 7.1 in 2021. Staff pay was 6% of spending. $1,819,524 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
Jubilee Gift Galaxy Inc'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