Birmingham Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 74,752 | 54,262 | 20,490 | 4.0 | — |
| 2012 | 71,170 | 64,314 | 6,856 | 4.6 | — |
| 2013 | 61,726 | 60,166 | 1,560 | 5.3 | — |
| 2014 | 72,287 | 71,747 | 540 | 4.5 | — |
| 2015 | 66,695 | 63,425 | 3,270 | 5.7 | — |
| 2016 | 75,078 | 64,474 | 10,604 | 7.6 | — |
| 2017 | 67,642 | 69,154 | −1,512 | 6.8 | — |
| 2018 | 71,871 | 76,086 | −4,215 | 4.4 | — |
| 2019 | 82,044 | 72,183 | 9,861 | 7.1 | — |
| 2020 | 80,093 | 62,257 | 17,836 | 11.7 | — |
| 2021 | 75,289 | 78,908 | −3,619 | 8.7 | — |
| 2022 | 82,933 | 72,824 | 10,109 | 11.1 | — |
| 2023 | 81,665 | 79,573 | 2,092 | 10.4 | — |
In its most recent public year (2023), this organization brought in $2,092 more than it spent. Its reserves stood at about 10.4 months of spending, up from 4 in 2011.
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
Birmingham Development Corporation'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