Mt Carmel Area Industrial Development Committee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 167,844 | 40,139 | 127,705 | 124.3 | 60% |
| 2013 | 184,938 | 165,042 | 19,896 | 31.7 | 70% |
| 2014 | 143,461 | 188,388 | −44,927 | 24.9 | 61% |
| 2015 | 138,508 | 187,600 | −49,092 | 21.9 | 61% |
| 2016 | 108,640 | 183,740 | −75,100 | 17.4 | 62% |
| 2017 | 120,394 | 116,022 | 4,372 | 28.0 | 38% |
| 2018 | 181,786 | 138,793 | 42,993 | 27.1 | 26% |
| 2019 | 138,321 | 92,850 | 45,471 | 46.5 | 39% |
| 2020 | 96,255 | 86,062 | 10,193 | 51.5 | 42% |
| 2021 | 157,144 | 85,681 | 71,463 | 61.8 | 42% |
| 2022 | 138,475 | 108,697 | 29,778 | 52.0 | 33% |
| 2023 | 129,780 | 121,899 | 7,881 | 47.1 | 32% |
In its most recent public year (2023), this organization brought in $7,881 more than it spent. Its reserves stood at about 47.1 months of spending, down from 124.3 in 2012. Staff pay was 32% 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
Mt Carmel Area Industrial Development Committee'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