Greater Mt Carmel Developement Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,278 | 14,226 | −12,948 | 26.5 | 0% |
| 2012 | 56,853 | 63,115 | −6,262 | 4.8 | 0% |
| 2013 | 8,080 | 11,360 | −3,280 | 23.1 | 0% |
| 2014 | 10,988 | 9,515 | 1,473 | 29.4 | 0% |
| 2015 | 16,396 | 14,659 | 1,737 | 20.5 | 0% |
| 2016 | 8,432 | 13,058 | −4,626 | 18.8 | 0% |
| 2017 | 16,961 | 15,730 | 1,231 | 16.5 | 0% |
| 2018 | 17,743 | 18,363 | −620 | 13.8 | 0% |
| 2019 | 45,233 | 42,493 | 2,740 | 6.7 | 0% |
| 2020 | 38,511 | 33,875 | 4,636 | 10.1 | 0% |
| 2021 | 29,939 | 36,983 | −7,044 | 6.9 | 0% |
| 2022 | 44,747 | 46,504 | −1,757 | 5.1 | 0% |
In its most recent public year (2022), this organization spent $1,757 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 26.5 in 2011. Staff pay was 0% 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 2022. 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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