Policemen Relief Association Of The City Of Milwaukee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 682,417 | 539,147 | 143,270 | 217.5 | 8% |
| 2021 | 789,424 | 516,448 | 272,976 | 244.3 | 9% |
| 2022 | 311,159 | 428,417 | −117,258 | 242.7 | 10% |
| 2023 | 581,009 | 524,104 | 56,905 | 218.9 | 8% |
In its most recent public year (2023), this organization brought in $56,905 more than it spent. Its reserves stood at about 218.9 months of spending, up from 217.5 in 2020. Staff pay was 8% 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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