Welding Research Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 298,156 | 483,228 | −185,072 | 22.7 | 10% |
| 2012 | 337,643 | 591,298 | −253,655 | 12.7 | 19% |
| 2013 | 248,717 | 692,723 | −444,006 | 3.6 | 17% |
| 2014 | 427,260 | 553,067 | −125,807 | 2.3 | 21% |
| 2015 | 400,276 | 443,286 | −43,010 | 1.8 | 26% |
| 2016 | 299,455 | 291,710 | 7,745 | 3.0 | 40% |
| 2017 | 429,296 | 312,630 | 116,666 | 7.3 | 37% |
| 2018 | 166,538 | 112,233 | 54,305 | 26.0 | 41% |
| 2019 | 213,120 | 353,738 | −140,618 | 3.5 | 0% |
| 2020 | 190,522 | 118,469 | 72,053 | 17.7 | 21% |
| 2021 | 184,097 | 173,999 | 10,098 | 14.9 | 14% |
| 2022 | 114,881 | 92,297 | 22,584 | 31.1 | 27% |
| 2023 | 224,007 | 106,642 | 117,365 | 40.1 | 23% |
In its most recent public year (2023), this organization brought in $117,365 more than it spent. Its reserves stood at about 40.1 months of spending, up from 22.7 in 2011. Staff pay was 23% 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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