Westminster Retirement Communities Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,716,085 | 5,046,310 | −330,225 | 113.9 | 0% |
| 2012 | 3,407,086 | 3,488,947 | −81,861 | 156.0 | 0% |
| 2013 | 5,572,643 | 3,465,451 | 2,107,192 | 170.0 | 0% |
| 2014 | 6,150,426 | 2,479,557 | 3,670,869 | 267.5 | 0% |
| 2015 | 17,419,698 | 2,675,556 | 14,744,142 | 309.1 | 0% |
| 2016 | 11,359,769 | 2,298,257 | 9,061,512 | 375.5 | 0% |
| 2017 | 3,582,377 | 2,579,564 | 1,002,813 | 360.9 | 0% |
| 2018 | 11,425,774 | 11,787,029 | −361,255 | 80.2 | 0% |
| 2019 | 9,885,149 | 4,284,236 | 5,600,913 | 233.6 | 0% |
| 2020 | 7,912,031 | 9,087,689 | −1,175,658 | 98.8 | 0% |
| 2021 | 13,044,616 | 5,839,763 | 7,204,853 | 209.8 | 0% |
| 2022 | 16,462,536 | 2,889,517 | 13,573,019 | 431.8 | 0% |
| 2023 | 8,267,456 | 5,143,153 | 3,124,303 | 222.9 | 0% |
In its most recent public year (2023), this organization brought in $3,124,303 more than it spent. Its reserves stood at about 222.9 months of spending, up from 113.9 in 2011. Staff pay was 0% of spending. $60,259,019 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
Westminster Retirement Communities Foundation Inc'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