Workers Compensation Rating & Inspection Bureau Of Massachusetts
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $13,044,716 | $12,977,816 | $66,900 | 3.1 | 46% |
| 2021 | $14,107,394 | $12,595,944 | $1,511,450 | 3.4 | 48% |
| 2022 | $15,210,321 | $13,638,849 | $1,571,472 | 3.0 | 47% |
| 2023 | $15,921,486 | $13,842,640 | $2,078,846 | 3.8 | 46% |
In its most recent public year (2023), this organization brought in $2,078,846 more than it spent. Its reserves stood at about 3.8 months of spending. Staff pay was 46% 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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