Salvation Army Portland Residences Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 540,989 | 528,467 | 12,522 | 37.9 | 26% |
| 2021 | 539,017 | 568,740 | −29,723 | 34.6 | 26% |
| 2023 | 585,110 | 512,894 | 72,216 | 39.5 | 18% |
In its most recent public year (2023), this organization brought in $72,216 more than it spent. Its reserves stood at about 39.5 months of spending, up from 37.9 in 2020. Staff pay was 18% 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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