Fondazione Italia
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 168,540 | 170,503 | −1,963 | 0.7 | — |
| 2012 | 159,817 | 162,237 | −2,420 | 0.6 | — |
| 2013 | 233,595 | 231,113 | 2,482 | 0.5 | 25% |
| 2014 | 232,369 | 226,109 | 6,260 | 0.9 | 18% |
| 2015 | 246,737 | 242,535 | 4,202 | 1.0 | 24% |
| 2016 | 183,452 | 191,888 | −8,436 | 0.8 | 24% |
| 2017 | 243,890 | 238,724 | 5,166 | 0.9 | 15% |
| 2018 | 291,711 | 294,170 | −2,459 | 0.6 | 35% |
| 2019 | 313,947 | 307,468 | 6,479 | 0.8 | 34% |
| 2020 | 431,789 | 394,197 | 37,592 | 1.8 | 31% |
| 2021 | 245,704 | 210,577 | 35,127 | 5.4 | 55% |
| 2022 | 199,155 | 203,193 | −4,038 | 5.3 | 65% |
| 2023 | 262,514 | 261,606 | 908 | 4.2 | 63% |
In its most recent public year (2023), this organization brought in $908 more than it spent. Its reserves stood at about 4.2 months of spending, up from 0.7 in 2011. Staff pay was 63% 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
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