Los Angeles Galaxy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 384,328 | 290,868 | 93,460 | 6.3 | 0% |
| 2021 | 363,682 | 431,018 | −67,336 | 2.4 | 0% |
| 2022 | 801,283 | 620,146 | 181,137 | 5.2 | 0% |
| 2023 | 1,237,365 | 1,142,995 | 94,370 | 3.8 | 0% |
In its most recent public year (2023), this organization brought in $94,370 more than it spent. Its reserves stood at about 3.8 months of spending, down from 6.3 in 2020. Staff pay was 0% 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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