Hammonton Revitalization Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 830,729 | 685,822 | 144,907 | 3.4 | 7% |
| 2022 | 257,079 | 228,750 | 28,329 | 11.9 | 17% |
| 2023 | 201,722 | 171,344 | 30,378 | 18.0 | 27% |
In its most recent public year (2023), this organization brought in $30,378 more than it spent. Its reserves stood at about 18 months of spending, up from 3.4 in 2020. Staff pay was 27% 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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