Spring City Elderly Housing Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 390,208 | 547,672 | −157,464 | 88.1 | 17% |
| 2012 | 504,998 | 627,638 | −122,640 | 74.5 | 20% |
| 2013 | 494,990 | 627,034 | −132,044 | 72.1 | 18% |
| 2014 | 551,286 | 596,330 | −45,044 | 74.9 | 20% |
| 2015 | 572,423 | 667,264 | −94,841 | 65.2 | 21% |
| 2016 | 568,966 | 626,847 | −57,881 | 68.3 | 22% |
| 2017 | 573,379 | 648,997 | −75,618 | 64.6 | 22% |
| 2018 | 569,697 | 638,531 | −68,834 | 64.3 | 23% |
| 2019 | 595,154 | 627,086 | −31,932 | 64.9 | 21% |
| 2020 | 640,631 | 643,736 | −3,105 | 63.2 | 22% |
| 2021 | 651,104 | 672,227 | −21,123 | 60.1 | 23% |
| 2022 | 656,013 | 706,571 | −50,558 | 56.3 | 23% |
| 2023 | 690,064 | 730,497 | −40,433 | 53.8 | 21% |
In its most recent public year (2023), this organization spent $40,433 more than it brought in. Its reserves stood at about 53.8 months of spending, down from 88.1 in 2011. Staff pay was 21% of spending. $4,659,700 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
Spring City Elderly Housing Corp'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