Rotary Club Of Gloucester Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 15,794 | 13,536 | 2,258 | 37.4 | — |
| 2022 | 5,917 | 8,570 | −2,653 | 55.4 | — |
| 2023 | 71,614 | 56,824 | 14,790 | 11.5 | — |
| 2024 | 113,084 | 11,266 | 101,818 | 166.3 | — |
In its most recent public year (2024), this organization brought in $101,818 more than it spent. Its reserves stood at about 166.3 months of spending, up from 37.4 in 2021.
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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