Fringe Thrift Closet
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,162 | 0 | 4,162 | — | — |
| 2021 | 44,176 | 43,423 | 753 | 1.4 | — |
| 2022 | 74,819 | 57,515 | 17,304 | 4.6 | — |
| 2023 | 188,127 | 178,657 | 9,470 | 2.1 | — |
In its most recent public year (2023), this organization brought in $9,470 more than it spent. Its reserves stood at about 2.1 months 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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