Royal Charter Properties - East Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 69,468,303 | 68,436,360 | 1,031,943 | -1.8 | 1% |
| 2021 | 60,926,484 | 59,894,147 | 1,032,337 | -1.7 | 1% |
| 2022 | 67,619,567 | 66,588,162 | 1,031,405 | -1.0 | 1% |
| 2023 | 80,394,082 | 79,361,901 | 1,032,181 | -1.0 | 1% |
In its most recent public year (2023), this organization brought in $1,032,181 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1 months). Staff pay was 1% 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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