Pawtucket Central Falls Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,932,144 | 2,476,311 | −544,167 | 14.5 | 15% |
| 2012 | 1,859,130 | 2,165,212 | −306,082 | 15.1 | 20% |
| 2013 | 524,876 | 512,105 | 12,771 | 65.4 | 71% |
| 2014 | 1,441,784 | 605,545 | 836,239 | 65.6 | 40% |
| 2015 | 406,640 | 816,313 | −409,673 | 46.5 | 63% |
| 2016 | 1,282,184 | 1,724,770 | −442,586 | 18.9 | 30% |
| 2017 | 674,572 | 999,625 | −325,053 | 28.7 | 51% |
| 2018 | 1,094,015 | 906,680 | 187,335 | 34.2 | 61% |
| 2019 | 592,451 | 966,032 | −373,581 | 27.5 | 59% |
| 2020 | 624,978 | 922,535 | −297,557 | 24.9 | 70% |
| 2021 | 1,193,933 | 1,228,646 | −34,713 | 18.4 | 55% |
| 2022 | 1,594,557 | 1,500,348 | 94,209 | 15.8 | 46% |
| 2023 | 2,411,891 | 2,058,419 | 353,472 | 13.6 | 39% |
In its most recent public year (2023), this organization brought in $353,472 more than it spent. Its reserves stood at about 13.6 months of spending. Staff pay was 39% of spending. $832,012 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
Pawtucket Central Falls Development Corporation'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