Heritage Chorale Of Lancaster
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,208 | 2,944 | 2,264 | 72.6 | — |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 3,069 | 3,798 | −729 | 49.5 | — |
| 2023 | 6,717 | 5,386 | 1,331 | 37.9 | — |
| 2024 | 7,234 | 10,118 | −2,884 | 16.7 | — |
In its most recent public year (2024), this organization spent $2,884 more than it brought in. Its reserves stood at about 16.7 months of spending, down from 72.6 in 2020.
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 2024. 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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