West Reading Community Revitalization Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 38,343 | 33,180 | 5,163 | 5.0 | — |
| 2012 | 294,891 | 305,447 | −10,556 | 5.5 | 21% |
| 2013 | 489,710 | 467,771 | 21,939 | 4.1 | 17% |
| 2014 | 357,230 | 389,037 | −31,807 | 4.0 | 14% |
| 2015 | 311,729 | 372,025 | −60,296 | 2.2 | 22% |
| 2016 | 363,730 | 295,993 | 67,737 | 5.5 | 30% |
| 2017 | 321,902 | 251,072 | 70,830 | 9.9 | 31% |
| 2018 | 242,033 | 203,746 | 38,287 | 14.5 | 48% |
| 2019 | 293,501 | 194,311 | 99,190 | 21.3 | 36% |
| 2020 | 200,105 | 227,060 | −26,955 | 16.8 | 29% |
| 2021 | 266,353 | 187,997 | 78,356 | 25.3 | 40% |
| 2022 | 190,641 | 187,354 | 3,287 | 25.6 | 41% |
| 2023 | 323,742 | 208,763 | 114,979 | 29.6 | 37% |
In its most recent public year (2023), this organization brought in $114,979 more than it spent. Its reserves stood at about 29.6 months of spending, up from 5 in 2011. Staff pay was 37% 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
West Reading Community Revitalization Foundation'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