Liberty Hose Co No 2
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 203,861 | 211,904 | −8,043 | 1.5 | 48% |
| 2013 | 154,516 | 173,637 | −19,121 | -5.5 | 33% |
| 2014 | 259,418 | 239,391 | 20,027 | 0.9 | 36% |
| 2015 | 275,658 | 273,597 | 2,061 | 0.9 | 31% |
| 2016 | 263,776 | 289,343 | −25,567 | 0.4 | 34% |
| 2017 | 275,299 | 279,765 | −4,466 | 0.2 | 38% |
| 2018 | 265,135 | 232,741 | 32,394 | 1.9 | 36% |
| 2019 | 265,258 | 302,393 | −37,135 | 0.0 | 29% |
| 2020 | 151,337 | 146,606 | 4,731 | 0.4 | 39% |
| 2021 | 280,221 | 267,854 | 12,367 | 0.8 | 29% |
| 2022 | 210,386 | 253,515 | −43,129 | -0.2 | 39% |
| 2023 | 220,452 | 224,808 | −4,356 | -0.1 | 37% |
In its most recent public year (2023), this organization spent $4,356 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months), down from 1.5 in 2012. 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
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