Vera Action Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,250,110 | 100,127 | 2,149,983 | 257.7 | 18% |
| 2022 | 750,663 | 1,091,017 | −340,354 | 19.9 | 0% |
| 2023 | 1,702,338 | 2,546,249 | −843,911 | 4.6 | 0% |
In its most recent public year (2023), this organization spent $843,911 more than it brought in. Its reserves stood at about 4.6 months of spending, down from 257.7 in 2021. Staff pay was 0% of spending. $712,888 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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