Sherrill-Kenwood Community Retirement Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 682,825 | 636,859 | 45,966 | 28.1 | 20% |
| 2021 | 755,922 | 644,666 | 111,256 | 29.9 | 21% |
| 2022 | 713,801 | 655,665 | 58,136 | 30.4 | 21% |
| 2023 | 751,925 | 690,846 | 61,079 | 30.0 | 24% |
In its most recent public year (2023), this organization brought in $61,079 more than it spent. Its reserves stood at about 30 months of spending, up from 28.1 in 2020. Staff pay was 24% 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 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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