First Ladys Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 190,010 | 22,563 | 167,447 | 89.1 | 0% |
| 2022 | 594,850 | 742,667 | −147,817 | 0.3 | 0% |
| 2023 | 693,598 | 472,354 | 221,244 | 6.1 | 0% |
In its most recent public year (2023), this organization brought in $221,244 more than it spent. Its reserves stood at about 6.1 months of spending, down from 89.1 in 2021. Staff pay was 0% 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
First Ladys Charitable Foundation'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