Ocean City Tabernacle Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,004,380 | 1,506,679 | −502,299 | 110.4 | 15% |
| 2012 | 2,768,153 | 1,616,891 | 1,151,262 | 115.2 | 7% |
| 2013 | 1,973,048 | 2,590,581 | −617,533 | 73.0 | 13% |
| 2014 | 2,123,656 | 2,728,412 | −604,756 | 64.7 | 28% |
| 2015 | 3,242,770 | 2,356,374 | 886,396 | 73.4 | 29% |
| 2016 | 1,607,495 | 2,120,689 | −513,194 | 80.0 | 30% |
| 2017 | 934,254 | 1,813,021 | −878,767 | 91.7 | 28% |
| 2018 | 205,608 | 1,394,819 | −1,189,211 | 103.6 | 30% |
| 2019 | 1,649,720 | 1,547,939 | 101,781 | 102.6 | 38% |
| 2020 | 1,568,802 | 1,259,519 | 309,283 | 129.9 | 48% |
| 2021 | 1,800,031 | 1,697,402 | 102,629 | 102.3 | 40% |
| 2022 | 2,209,738 | 1,999,973 | 209,765 | 77.2 | 36% |
| 2023 | 1,432,644 | 2,036,450 | −603,806 | 76.9 | 37% |
In its most recent public year (2023), this organization spent $603,806 more than it brought in. Its reserves stood at about 76.9 months of spending, down from 110.4 in 2011. Staff pay was 37% of spending. $1,633,757 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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