Inner City Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,029,361 | 40,816,599 | 10,212,762 | -2.8 | 53% |
| 2012 | 41,254,035 | 35,454,527 | 5,799,508 | -1.3 | 49% |
| 2013 | 45,766,980 | 34,788,895 | 10,978,085 | 2.5 | 48% |
| 2014 | 39,500,276 | 36,636,395 | 2,863,881 | 3.3 | 48% |
| 2015 | 42,975,150 | 40,248,628 | 2,726,522 | 3.8 | 45% |
| 2016 | 47,872,157 | 42,403,427 | 5,468,730 | 5.2 | 41% |
| 2017 | 46,413,602 | 45,242,855 | 1,170,747 | 5.2 | 43% |
| 2018 | 43,943,502 | 43,292,348 | 651,154 | 5.6 | 44% |
| 2019 | 39,118,682 | 36,730,954 | 2,387,728 | 7.4 | 45% |
| 2020 | 29,284,682 | 34,102,207 | −4,817,525 | 6.2 | 47% |
| 2021 | 41,820,831 | 34,232,189 | 7,588,642 | 8.9 | 48% |
| 2022 | 43,441,114 | 42,346,828 | 1,094,286 | 7.5 | 44% |
| 2023 | 51,343,367 | 50,170,277 | 1,173,090 | 6.6 | 42% |
In its most recent public year (2023), this organization brought in $1,173,090 more than it spent. Its reserves stood at about 6.6 months of spending, up from -2.8 in 2011. Staff pay was 42% 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
Inner City Education 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