Mccourt Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 705,247 | 179,746 | 525,501 | 35.1 | 13% |
| 2012 | 313,349 | 256,009 | 57,340 | 27.3 | 12% |
| 2013 | 335,807 | 347,259 | −11,452 | 19.7 | 19% |
| 2014 | 411,780 | 261,830 | 149,950 | 32.9 | 31% |
| 2015 | 452,487 | 332,822 | 119,665 | 29.0 | 21% |
| 2016 | 617,202 | 525,855 | 91,347 | 22.3 | 15% |
| 2017 | 637,698 | 586,740 | 50,958 | 22.8 | 0% |
| 2018 | 808,245 | 771,844 | 36,401 | 17.0 | 19% |
| 2019 | 24,821,556 | 578,113 | 24,243,443 | 528.3 | 33% |
| 2020 | 9,549,769 | 8,021,980 | 1,527,789 | 40.3 | 22% |
| 2021 | 6,917,849 | 6,538,434 | 379,415 | 50.3 | 37% |
| 2022 | 6,244,258 | 11,260,674 | −5,016,416 | 18.9 | 19% |
| 2023 | 8,570,757 | 11,279,570 | −2,708,813 | 16.1 | 19% |
In its most recent public year (2023), this organization spent $2,708,813 more than it brought in. Its reserves stood at about 16.1 months of spending, down from 35.1 in 2011. Staff pay was 19% 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
Mccourt Foundation Inc'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