The Society For The Preservation Of Federal Hill And Fells Point Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 174,556 | 128,561 | 45,995 | 253.7 | 0% |
| 2021 | 34,909 | 187,041 | −152,132 | 163.7 | 0% |
| 2022 | −143,261 | 65,133 | −208,394 | 422.0 | 0% |
| 2023 | −40,068 | 90,625 | −130,693 | 337.3 | 0% |
In its most recent public year (2023), this organization spent $130,693 more than it brought in. Its reserves stood at about 337.3 months of spending, up from 253.7 in 2020. Staff pay was 0% of spending. $267,690 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
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