Reading Liederkranz German Singing And Sport Soc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 289,939 | 405,745 | −115,806 | 25.6 | 22% |
| 2021 | 398,268 | 347,875 | 50,393 | 21.5 | 34% |
| 2022 | 500,796 | 456,101 | 44,695 | 17.6 | 33% |
| 2023 | 512,299 | 344,314 | 167,985 | 29.1 | 19% |
In its most recent public year (2023), this organization brought in $167,985 more than it spent. Its reserves stood at about 29.1 months of spending, up from 25.6 in 2019. Staff pay was 19% 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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