State Power Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,190,542 | 1,530,399 | 2,660,143 | 20.9 | 25% |
| 2022 | 7,859,808 | 3,952,421 | 3,907,387 | 19.9 | 29% |
| 2023 | 6,093,099 | 6,897,039 | −803,940 | 15.2 | 32% |
In its most recent public year (2023), this organization spent $803,940 more than it brought in. Its reserves stood at about 15.2 months of spending, down from 20.9 in 2021. Staff pay was 32% 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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