Hanover Improvement Society Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,105,663 | 2,107,419 | −1,756 | 30.1 | 27% |
| 2013 | 2,139,134 | 2,064,060 | 75,074 | 31.7 | 28% |
| 2014 | 2,282,405 | 1,991,523 | 290,882 | 35.2 | 30% |
| 2015 | 2,288,593 | 2,037,057 | 251,536 | 35.0 | 30% |
| 2016 | 2,675,823 | 2,107,346 | 568,477 | 34.6 | 29% |
| 2017 | 2,169,845 | 2,146,761 | 23,084 | 35.7 | 30% |
| 2018 | 2,049,370 | 2,136,978 | −87,608 | 36.6 | 32% |
| 2019 | 2,264,343 | 2,172,779 | 91,564 | 36.4 | 31% |
| 2020 | 2,285,303 | 2,079,354 | 205,949 | 36.8 | 32% |
| 2021 | 1,096,485 | 1,203,035 | −106,550 | 73.2 | 37% |
| 2022 | 3,942,622 | 1,673,115 | 2,269,507 | 67.8 | 37% |
| 2023 | 4,028,196 | 1,875,934 | 2,152,262 | 71.9 | 34% |
| 2024 | 2,852,461 | 2,034,122 | 818,339 | 72.5 | 32% |
In its most recent public year (2024), this organization brought in $818,339 more than it spent. Its reserves stood at about 72.5 months of spending, up from 30.1 in 2012. Staff pay was 32% of spending. $16,296 of its net assets are donor-restricted.
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
Hanover Improvement Society Corp's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works