Racor Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 212,156 | 169,639 | 42,517 | 65.3 | 46% |
| 2021 | 219,093 | 168,088 | 51,005 | 67.9 | 50% |
| 2022 | 215,031 | 172,085 | 42,946 | 69.3 | 48% |
| 2023 | 178,517 | 158,175 | 20,342 | 77.0 | 11% |
In its most recent public year (2023), this organization brought in $20,342 more than it spent. Its reserves stood at about 77 months of spending, up from 65.3 in 2020. Staff pay was 11% 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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