Truro Homes Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 284,684 | 262,018 | 22,666 | 12.0 | 4% |
| 2012 | 274,947 | 274,179 | 768 | 11.5 | 4% |
| 2013 | 322,296 | 275,382 | 46,914 | 14.2 | 1% |
| 2014 | 323,863 | 302,262 | 21,601 | 13.8 | 3% |
| 2015 | 324,861 | 281,578 | 43,283 | 16.6 | 3% |
| 2016 | 336,161 | 383,499 | −47,338 | 10.7 | 3% |
| 2017 | 338,143 | 234,469 | 103,674 | 22.8 | 4% |
| 2018 | 373,506 | 533,178 | −159,672 | 6.8 | 6% |
| 2019 | 374,697 | 353,667 | 21,030 | 11.3 | 8% |
| 2020 | 329,645 | 332,278 | −2,633 | 11.9 | 3% |
| 2021 | 372,883 | 352,010 | 20,873 | 11.9 | 4% |
| 2022 | 440,286 | 377,398 | 62,888 | 13.1 | 1% |
| 2023 | 471,883 | 395,028 | 76,855 | 14.9 | 8% |
In its most recent public year (2023), this organization brought in $76,855 more than it spent. Its reserves stood at about 14.9 months of spending, up from 12 in 2011. Staff pay was 8% 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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