Portland Hook & Ladder Co 1
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 158,326 | 149,208 | 9,118 | 83.4 | 0% |
| 2021 | 90,271 | 108,519 | −18,248 | 89.4 | 0% |
| 2022 | 222,792 | 250,706 | −27,914 | 15.2 | 0% |
| 2023 | 253,590 | 315,062 | −61,472 | 14.7 | 0% |
In its most recent public year (2023), this organization spent $61,472 more than it brought in. Its reserves stood at about 14.7 months of spending, down from 83.4 in 2020. Staff pay was 0% 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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