Gowest Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 391,870 | 322,151 | 69,719 | 56.1 | 17% |
| 2012 | 405,030 | 331,291 | 73,739 | 105.4 | 0% |
| 2013 | 315,598 | 322,218 | −6,620 | 108.2 | 0% |
| 2014 | 456,391 | 298,490 | 157,901 | 125.3 | 0% |
| 2015 | 533,130 | 555,577 | −22,447 | 65.5 | 0% |
| 2016 | 682,871 | 369,770 | 313,101 | 114.4 | 0% |
| 2017 | 710,943 | 409,132 | 301,811 | 120.8 | 0% |
| 2018 | 1,211,408 | 647,327 | 564,081 | 81.2 | 0% |
| 2019 | 864,431 | 1,084,278 | −219,847 | 51.1 | 0% |
| 2020 | 1,300,076 | 643,847 | 656,229 | 104.8 | 0% |
| 2021 | 1,389,702 | 903,067 | 486,635 | 86.1 | 0% |
| 2022 | 1,250,244 | 906,456 | 343,788 | 106.5 | 0% |
| 2023 | 2,178,444 | 1,564,516 | 613,928 | 71.9 | 0% |
In its most recent public year (2023), this organization brought in $613,928 more than it spent. Its reserves stood at about 71.9 months of spending, up from 56.1 in 2011. Staff pay was 0% of spending. $915,744 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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