Columbia Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,303 | 21,569 | −18,266 | 23.1 | — |
| 2021 | 21,479 | 28,394 | −6,915 | 14.6 | — |
| 2022 | 27,282 | 22,013 | 5,269 | 21.7 | — |
| 2023 | 29,399 | 26,918 | 2,481 | 18.9 | — |
In its most recent public year (2023), this organization brought in $2,481 more than it spent. Its reserves stood at about 18.9 months of spending, down from 23.1 in 2020.
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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