Bangor Rotary Charities Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 10,224 | 24,687 | −14,463 | 7.7 | — |
| 2020 | 13,477 | 2,183 | 11,294 | 149.2 | — |
| 2021 | 20,643 | 12,460 | 8,183 | 34.0 | — |
| 2022 | 18,381 | 3,447 | 14,934 | 175.0 | — |
| 2023 | 13,243 | 19,812 | −6,569 | 26.5 | — |
| 2024 | 29,535 | 22,345 | 7,190 | 27.3 | — |
In its most recent public year (2024), this organization brought in $7,190 more than it spent. Its reserves stood at about 27.3 months of spending, up from 7.7 in 2019.
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 2024. 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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