Defense Of Freedom Institute For Policy Studies
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,400,026 | 411,237 | 988,789 | 28.9 | 53% |
| 2022 | 1,671,990 | 1,538,093 | 133,897 | 8.8 | 57% |
| 2023 | 1,705,146 | 1,810,630 | −105,484 | 7.0 | 52% |
In its most recent public year (2023), this organization spent $105,484 more than it brought in. Its reserves stood at about 7 months of spending, down from 28.9 in 2021. Staff pay was 52% of spending. $27,500 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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