Homer Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 922,451 | 345,818 | 576,633 | 63.2 | 11% |
| 2012 | 961,176 | 532,282 | 428,894 | 46.2 | 8% |
| 2013 | 483,495 | 344,519 | 138,976 | 61.0 | 10% |
| 2014 | 273,081 | 354,446 | −81,365 | 73.9 | 14% |
| 2015 | 99,397 | 272,436 | −173,039 | 78.2 | 18% |
| 2016 | 262,982 | 249,800 | 13,182 | 120.4 | 19% |
| 2017 | 672,887 | 527,463 | 145,424 | 50.5 | 10% |
| 2018 | 399,372 | 444,609 | −45,237 | 59.1 | 20% |
| 2019 | 715,245 | 317,833 | 397,412 | 100.7 | 23% |
| 2020 | 646,179 | 492,846 | 153,333 | 70.6 | 15% |
| 2021 | 1,921,165 | 478,221 | 1,442,944 | 127.5 | 16% |
| 2022 | 1,139,520 | 635,043 | 504,477 | 88.1 | 13% |
| 2023 | 1,174,483 | 680,341 | 494,142 | 98.4 | 20% |
In its most recent public year (2023), this organization brought in $494,142 more than it spent. Its reserves stood at about 98.4 months of spending, up from 63.2 in 2011. Staff pay was 20% of spending. $633,375 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
Homer 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