Charlestown Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 700,304 | 598,423 | 101,881 | -1.4 | 0% |
| 2012 | 743,637 | 597,313 | 146,324 | 1.5 | 0% |
| 2013 | 822,735 | 649,775 | 172,960 | 4.6 | 0% |
| 2014 | 835,643 | 822,618 | 13,025 | 3.8 | 0% |
| 2015 | 850,904 | 1,034,101 | −183,197 | 0.9 | 0% |
| 2016 | 870,030 | 979,750 | −109,720 | -0.4 | 0% |
| 2017 | 864,804 | 1,020,505 | −155,701 | -2.2 | 0% |
| 2018 | 1,086,805 | 1,200,769 | −113,964 | -3.0 | 0% |
| 2019 | 1,041,272 | 1,039,556 | 1,716 | 0.4 | 0% |
| 2020 | 1,077,283 | 933,013 | 144,270 | 2.3 | 0% |
| 2021 | 1,101,953 | 919,715 | 182,238 | 4.7 | 0% |
| 2022 | 1,156,515 | 991,246 | 165,269 | 6.4 | 0% |
| 2023 | 1,228,185 | 1,079,147 | 149,038 | 7.5 | 0% |
In its most recent public year (2023), this organization brought in $149,038 more than it spent. Its reserves stood at about 7.5 months of spending, up from -1.4 in 2011. Staff pay was 0% 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
Charlestown Economic Development Corp'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