Salem Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,494,397 | 1,102,418 | 391,979 | 167.5 | 0% |
| 2012 | 1,882,914 | 851,898 | 1,031,016 | 231.3 | 0% |
| 2013 | 2,531,903 | 903,990 | 1,627,913 | 239.6 | 0% |
| 2014 | 3,171,334 | 1,622,515 | 1,548,819 | 145.0 | 0% |
| 2015 | 6,296,374 | 4,364,777 | 1,931,597 | 59.2 | 0% |
| 2016 | 3,111,175 | 1,653,029 | 1,458,146 | 166.9 | 0% |
| 2017 | 4,271,715 | 1,741,918 | 2,529,797 | 175.8 | 0% |
| 2018 | 3,782,388 | 1,907,148 | 1,875,240 | 172.4 | 0% |
| 2019 | 5,186,526 | 1,819,695 | 3,366,831 | 202.9 | 0% |
| 2020 | 4,183,042 | 1,622,165 | 2,560,877 | 246.5 | 6% |
| 2021 | 6,571,068 | 1,799,808 | 4,771,260 | 254.0 | 6% |
| 2022 | 3,456,677 | 2,402,560 | 1,054,117 | 195.5 | 4% |
| 2023 | 4,982,816 | 2,526,472 | 2,456,344 | 197.6 | 2% |
In its most recent public year (2023), this organization brought in $2,456,344 more than it spent. Its reserves stood at about 197.6 months of spending, up from 167.5 in 2011. Staff pay was 2% 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
Salem Community Foundation Inc'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