Home Trust Of Skagit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 550,833 | 41,745 | 509,088 | 146.3 | 26% |
| 2012 | 222,151 | 194,206 | 27,945 | 33.2 | 25% |
| 2013 | 209,169 | 199,122 | 10,047 | 33.1 | 24% |
| 2014 | 350,326 | 225,848 | 124,478 | 35.8 | 21% |
| 2015 | 278,202 | 250,119 | 28,083 | 33.4 | 21% |
| 2016 | 464,638 | 322,154 | 142,484 | 24.9 | 20% |
| 2017 | 437,550 | 357,495 | 80,055 | 22.4 | 38% |
| 2018 | 334,486 | 440,859 | −106,373 | 15.3 | 24% |
| 2019 | 181,100 | 305,886 | −124,786 | 17.1 | 34% |
| 2020 | 161,619 | 207,658 | −46,039 | 22.6 | 45% |
| 2021 | 218,996 | 200,318 | 18,678 | 24.5 | 44% |
| 2022 | 242,949 | 242,300 | 649 | 20.3 | 36% |
In its most recent public year (2022), this organization brought in $649 more than it spent. Its reserves stood at about 20.3 months of spending, down from 146.3 in 2011. Staff pay was 36% 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 2022. 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
Home Trust Of Skagit's IRS filings as a feed — one entry per filing year, through 2022. 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