Washington Economic Development Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 100,438 | 87,861 | 12,577 | 9.1 | 57% |
| 2013 | 91,299 | 101,891 | −10,592 | 6.6 | 49% |
| 2014 | 93,715 | 96,642 | −2,927 | 6.6 | 55% |
| 2015 | 93,069 | 98,003 | −4,934 | 5.9 | 47% |
| 2016 | 105,611 | 108,229 | −2,618 | 5.0 | — |
| 2017 | 97,549 | 98,405 | −856 | 5.4 | — |
| 2018 | 112,335 | 84,809 | 27,526 | 10.2 | — |
| 2019 | 108,759 | 97,914 | 10,845 | 10.1 | — |
| 2020 | 185,694 | 99,842 | 85,852 | 23.4 | — |
| 2021 | 218,464 | 147,935 | 70,529 | 21.5 | 47% |
| 2022 | 265,673 | 156,703 | 108,970 | 28.6 | 47% |
| 2023 | 240,258 | 162,750 | 77,508 | 33.3 | 53% |
In its most recent public year (2023), this organization brought in $77,508 more than it spent. Its reserves stood at about 33.3 months of spending, up from 9.1 in 2012. Staff pay was 53% 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
Washington Economic Development Group's IRS filings as a feed — one entry per filing year, through 2023. 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