Damascus Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 244,865 | 245,347 | −482 | 2.0 | 0% |
| 2012 | 338,677 | 282,660 | 56,017 | 4.1 | 0% |
| 2013 | 709,285 | 585,916 | 123,369 | 4.5 | 28% |
| 2014 | 527,149 | 524,684 | 2,465 | 5.1 | 30% |
| 2015 | 6,783,924 | 629,431 | 6,154,493 | 122.6 | 21% |
| 2016 | 3,139,130 | 834,528 | 2,304,602 | 126.0 | 38% |
| 2017 | 3,891,128 | 1,783,940 | 2,107,188 | 72.3 | 30% |
| 2018 | 3,719,246 | 2,362,973 | 1,356,273 | 56.8 | 25% |
| 2019 | 5,882,316 | 3,663,053 | 2,219,263 | 43.9 | 28% |
| 2020 | 5,076,835 | 3,897,276 | 1,179,559 | 44.8 | 43% |
| 2021 | 8,487,345 | 5,702,338 | 2,785,007 | 36.5 | 42% |
| 2022 | 8,004,294 | 6,845,794 | 1,158,500 | 32.4 | 43% |
| 2023 | 9,623,656 | 9,296,695 | 326,961 | 25.3 | 40% |
In its most recent public year (2023), this organization brought in $326,961 more than it spent. Its reserves stood at about 25.3 months of spending, up from 2 in 2011. Staff pay was 40% of spending. $166,790 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 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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