Los Angeles Black Worker Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 1,680,201 | 1,960 | 1,678,241 | 10274.9 | 0% |
| 2023 | 9,965,098 | 2,959,737 | 7,005,361 | 38.6 | 54% |
In its most recent public year (2023), this organization brought in $7,005,361 more than it spent. Its reserves stood at about 38.6 months of spending, down from 10274.9 in 2022. Staff pay was 54% of spending. $7,031,927 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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