Indian Institute Of Technology Kanpur Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,004,104 | 845,481 | 158,623 | 2.9 | 0% |
| 2021 | 9,032,117 | 6,759,739 | 2,272,378 | 4.3 | 0% |
| 2022 | 8,070,278 | 6,779,855 | 1,290,423 | 6.6 | 0% |
| 2023 | 8,665,015 | 9,696,871 | −1,031,856 | 3.4 | 0% |
In its most recent public year (2023), this organization spent $1,031,856 more than it brought in. Its reserves stood at about 3.4 months of spending. Staff pay was 0% of spending. $1,568,929 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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