Bethesda Spruce Street Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,583 | 218,754 | −139,171 | -43.0 | 48% |
| 2012 | 93,537 | 203,815 | −110,278 | -52.7 | 49% |
| 2013 | 102,962 | 198,699 | −95,737 | -59.8 | 50% |
| 2014 | 103,634 | 202,322 | −98,688 | -64.6 | 48% |
| 2015 | 97,525 | 200,157 | −102,632 | -71.4 | 46% |
| 2016 | 100,746 | 187,224 | −86,478 | -81.9 | 47% |
| 2017 | 106,345 | 202,161 | −95,816 | -81.6 | 45% |
| 2018 | 516,979 | 194,818 | 322,161 | -64.8 | 46% |
| 2019 | 107,182 | 202,601 | −95,419 | -67.9 | 47% |
| 2020 | 100,631 | 227,364 | −126,733 | -67.2 | 43% |
| 2021 | 95,828 | 215,722 | −119,894 | -77.5 | 51% |
| 2022 | 98,776 | 233,823 | −135,047 | -78.5 | 47% |
| 2023 | 99,214 | 275,929 | −176,715 | -74.2 | 51% |
In its most recent public year (2023), this organization spent $176,715 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-74.2 months), down from -43 in 2011. Staff pay was 51% 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
Bethesda Spruce Street 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