The Salvation Army Ivy Residence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 939,489 | 1,128,632 | −189,143 | -11.2 | 8% |
| 2012 | 996,853 | 1,134,355 | −137,502 | -12.6 | 9% |
| 2013 | 1,005,521 | 1,164,331 | −158,810 | -13.9 | 8% |
| 2014 | 1,010,145 | 1,323,387 | −313,242 | -15.1 | 9% |
| 2015 | 1,002,098 | 1,333,789 | −331,691 | -18.0 | 9% |
| 2016 | 970,116 | 1,335,276 | −365,160 | -21.2 | 11% |
| 2017 | 974,806 | 1,345,229 | −370,423 | -24.4 | 11% |
| 2018 | 976,901 | 1,370,241 | −393,340 | -27.4 | 15% |
| 2019 | 1,003,047 | 1,363,477 | −360,430 | -36.1 | 14% |
| 2020 | 992,154 | 1,354,125 | −361,971 | -39.5 | 17% |
| 2021 | 974,506 | 1,369,051 | −394,545 | -42.6 | 16% |
| 2022 | 945,300 | 1,514,984 | −569,684 | -43.0 | 17% |
| 2023 | 1,118,112 | 1,371,592 | −253,480 | -49.7 | 18% |
In its most recent public year (2023), this organization spent $253,480 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-49.7 months), down from -11.2 in 2011. Staff pay was 18% 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
The Salvation Army Ivy Residence Inc'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