South Boston Action Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 286,495 | 182,578 | 103,917 | 112.2 | 35% |
| 2021 | 256,428 | 172,271 | 84,157 | 124.8 | 33% |
| 2022 | 189,837 | 174,564 | 15,273 | 124.2 | 38% |
| 2023 | 198,630 | 138,304 | 60,326 | 162.0 | 29% |
In its most recent public year (2023), this organization brought in $60,326 more than it spent. Its reserves stood at about 162 months of spending, up from 112.2 in 2020. Staff pay was 29% 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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