Philipsburg Revitalization Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 65,830 | 58,719 | 7,111 | 4.6 | — |
| 2016 | 66,207 | 82,717 | −16,510 | 2.0 | — |
| 2017 | 45,391 | 39,493 | 5,898 | 6.0 | — |
| 2018 | 40,492 | 59,592 | −19,100 | 0.2 | — |
| 2019 | 47,476 | 36,972 | 10,504 | 3.7 | — |
| 2020 | 31,212 | 33,615 | −2,403 | 3.2 | — |
| 2021 | 124,971 | 29,586 | 95,385 | 42.3 | — |
| 2022 | 140,073 | 59,505 | 80,568 | 37.3 | — |
| 2023 | 221,259 | 47,227 | 174,032 | 91.2 | 31% |
In its most recent public year (2023), this organization brought in $174,032 more than it spent. Its reserves stood at about 91.2 months of spending, up from 4.6 in 2014. Staff pay was 31% 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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