Covington-Newberry Historical
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,310 | 3,396 | −1,086 | 404.9 | 0% |
| 2013 | 2,382 | 2,572 | −190 | 533.7 | 0% |
| 2014 | 7,007 | 7,245 | −238 | 189.1 | 0% |
| 2015 | 753 | 2,568 | −1,815 | 525.0 | 0% |
| 2016 | 827 | 2,227 | −1,400 | 597.8 | 0% |
| 2017 | 30,623 | 2,631 | 27,992 | 633.7 | 0% |
| 2018 | 608 | 5,523 | −4,915 | 291.2 | 0% |
| 2019 | 39,504 | 12,930 | 26,574 | 149.0 | 0% |
| 2020 | 9,688 | 3,934 | 5,754 | 507.4 | 0% |
| 2021 | 23,349 | 31,333 | −7,984 | 60.7 | 0% |
| 2022 | 29,459 | 11,480 | 17,979 | 184.3 | 0% |
| 2023 | 24,253 | 10,884 | 13,369 | 209.1 | 0% |
In its most recent public year (2023), this organization brought in $13,369 more than it spent. Its reserves stood at about 209.1 months of spending, down from 404.9 in 2012. 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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