Institute For Black Justice
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 157,646 | 132,043 | 25,603 | 5.0 | 16% |
| 2022 | 205,527 | 242,931 | −37,404 | 0.9 | 18% |
| 2023 | 349,092 | 356,630 | −7,538 | 0.4 | 5% |
In its most recent public year (2023), this organization spent $7,538 more than it brought in. Its reserves stood at about 0.4 months of spending, down from 5 in 2021. Staff pay was 5% 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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