Plumbing-Heating-Cooling Contractors Of Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 913,639 | 930,575 | −16,936 | 13.3 | 36% |
| 2021 | 979,809 | 867,242 | 112,567 | 16.2 | 42% |
| 2022 | 1,252,362 | 1,066,156 | 186,206 | 13.5 | 35% |
| 2023 | 1,379,567 | 1,107,405 | 272,162 | 16.7 | 26% |
In its most recent public year (2023), this organization brought in $272,162 more than it spent. Its reserves stood at about 16.7 months of spending, up from 13.3 in 2020. Staff pay was 26% 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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