Kipp Philadelphia Octavius Catto Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 0 | 208,313 | −208,313 | -12.0 | — |
| 2023 | 3,549,576 | 6,361,169 | −2,811,593 | -5.7 | 25% |
In its most recent public year (2023), this organization spent $2,811,593 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.7 months), up from -12 in 2022. Staff pay was 25% 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
Kipp Philadelphia Octavius Catto Charter School'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