Norristown Hospitality Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 250,402 | 280,990 | −30,588 | 5.4 | 44% |
| 2013 | 253,585 | 276,633 | −23,048 | 4.5 | 42% |
| 2014 | 354,480 | 321,979 | 32,501 | 5.1 | 39% |
| 2015 | 354,433 | 299,432 | 55,001 | 7.6 | 46% |
| 2016 | 240,823 | 268,321 | −27,498 | 7.3 | 54% |
| 2017 | 342,192 | 329,994 | 12,198 | 6.4 | 49% |
| 2018 | 311,541 | 304,883 | 6,658 | 7.2 | 58% |
| 2019 | 347,604 | 365,034 | −17,430 | 5.4 | 19% |
| 2020 | 565,297 | 381,131 | 184,166 | 11.8 | 60% |
| 2021 | 487,222 | 406,142 | 81,080 | 13.6 | 56% |
| 2022 | 670,906 | 454,004 | 216,902 | 17.9 | 61% |
| 2023 | 607,725 | 621,271 | −13,546 | 12.8 | 57% |
In its most recent public year (2023), this organization spent $13,546 more than it brought in. Its reserves stood at about 12.8 months of spending, up from 5.4 in 2012. Staff pay was 57% 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
Norristown Hospitality Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works