Winchester Economic Development Corportation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 550 | 500 | 50 | 1.2 | — |
| 2015 | 750 | 806 | −56 | 7.8 | — |
| 2016 | 41,692 | 40,825 | 867 | 0.2 | — |
| 2020 | 328,070 | 57,556 | 270,514 | 51.5 | 0% |
| 2021 | 308,397 | 43,914 | 264,483 | 139.8 | 0% |
| 2022 | 21,823 | 88,471 | −66,648 | 60.3 | 0% |
| 2023 | 14,675 | 71,618 | −56,943 | 65.0 | 22% |
In its most recent public year (2023), this organization spent $56,943 more than it brought in. Its reserves stood at about 65 months of spending, up from 1.2 in 2013. Staff pay was 22% 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
Winchester Economic Development Corportation'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