City Thread
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 677,547 | 316,252 | 361,295 | 13.7 | 75% |
| 2023 | 1,228,221 | 1,087,026 | 141,195 | 5.5 | 27% |
In its most recent public year (2023), this organization brought in $141,195 more than it spent. Its reserves stood at about 5.5 months of spending, down from 13.7 in 2022. Staff pay was 27% of spending. $436,900 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
City Thread'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