Richland County Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 123,509 | 108,847 | 14,662 | 12.0 | — |
| 2013 | 121,095 | 119,112 | 1,983 | 11.2 | — |
| 2014 | 111,359 | 84,954 | 26,405 | 19.4 | — |
| 2015 | 107,455 | 94,325 | 13,130 | 19.1 | — |
| 2016 | 113,097 | 90,153 | 22,944 | 23.1 | — |
| 2017 | 147,383 | 126,136 | 21,247 | 18.5 | — |
| 2018 | 188,122 | 158,838 | 29,284 | 16.9 | — |
| 2019 | 178,905 | 172,466 | 6,439 | 16.0 | — |
| 2020 | 197,314 | 182,545 | 14,769 | 16.1 | 0% |
| 2021 | 176,707 | 140,760 | 35,947 | 23.9 | 26% |
| 2022 | 180,282 | 149,573 | 30,709 | 25.0 | — |
| 2023 | 254,627 | 197,689 | 56,938 | 22.4 | 41% |
| 2024 | 173,868 | 176,104 | −2,236 | 25.0 | 39% |
In its most recent public year (2024), this organization spent $2,236 more than it brought in. Its reserves stood at about 25 months of spending, up from 12 in 2012. Staff pay was 39% 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 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
Richland County Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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