Spencer-Owen County Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 62,566 | 50,385 | 12,181 | 11.5 | — |
| 2011 | 86,721 | 77,994 | 8,727 | 8.9 | — |
| 2012 | 152,669 | 140,642 | 12,027 | 6.0 | — |
| 2013 | 137,096 | 112,551 | 24,545 | 10.1 | — |
| 2014 | 91,027 | 72,754 | 18,273 | 19.0 | — |
| 2015 | 95,290 | 109,280 | −13,990 | 9.8 | — |
| 2016 | 118,959 | 122,061 | −3,102 | 8.6 | — |
| 2017 | 166,248 | 139,770 | 26,478 | 16.0 | — |
| 2018 | 198,791 | 145,732 | 53,059 | 19.6 | 52% |
| 2019 | 214,413 | 193,178 | 21,235 | 16.1 | 46% |
| 2020 | 222,216 | 265,762 | −43,546 | 10.6 | 44% |
| 2021 | 282,073 | 193,415 | 88,658 | 21.6 | 55% |
| 2022 | 221,264 | 247,176 | −25,912 | 15.5 | 47% |
| 2023 | 301,254 | 260,731 | 40,523 | 16.6 | 48% |
In its most recent public year (2023), this organization brought in $40,523 more than it spent. Its reserves stood at about 16.6 months of spending, up from 11.5 in 2010. Staff pay was 48% 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
Spencer-Owen County Economic Development Corporation'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