The New London Community Meal Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 154,115 | 194,312 | −40,197 | 21.4 | 24% |
| 2013 | 148,337 | 193,131 | −44,794 | 18.8 | 32% |
| 2014 | 150,531 | 188,326 | −37,795 | 16.8 | 36% |
| 2015 | 171,675 | 202,735 | −31,060 | 13.8 | — |
| 2016 | 317,024 | 175,487 | 141,537 | 25.6 | 39% |
| 2017 | 242,937 | 187,934 | 55,003 | 27.4 | 41% |
| 2018 | 261,957 | 190,749 | 71,208 | 31.5 | 43% |
| 2019 | 235,638 | 210,205 | 25,433 | 30.1 | 41% |
| 2020 | 269,395 | 232,243 | 37,152 | 29.1 | 38% |
| 2021 | 338,609 | 239,311 | 99,298 | 33.2 | 48% |
| 2022 | 363,633 | 336,725 | 26,908 | 24.6 | 61% |
| 2023 | 641,571 | 533,864 | 107,707 | 17.9 | 49% |
In its most recent public year (2023), this organization brought in $107,707 more than it spent. Its reserves stood at about 17.9 months of spending, down from 21.4 in 2012. Staff pay was 49% 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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