Friends Of The Salem Council On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,224 | 20,395 | −17,171 | 9.4 | — |
| 2016 | 9,559 | 0 | 9,559 | — | — |
| 2017 | 11,862 | 12,372 | −510 | 16.2 | — |
| 2018 | 14,223 | 6,450 | 7,773 | 45.5 | — |
| 2019 | 17,815 | 12,252 | 5,563 | 29.4 | — |
| 2020 | 28,876 | 12,418 | 16,458 | 44.9 | — |
| 2021 | 20,485 | 9,742 | 10,743 | 70.5 | — |
| 2022 | 29,897 | 19,709 | 10,188 | 41.0 | — |
| 2023 | 14,280 | 13,795 | 485 | 59.0 | — |
| 2024 | 33,683 | 24,681 | 9,002 | 37.4 | — |
In its most recent public year (2024), this organization brought in $9,002 more than it spent. Its reserves stood at about 37.4 months of spending, up from 9.4 in 2012.
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 2024. 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
Friends Of The Salem Council On Aging Inc's IRS filings as a feed — one entry per filing year, through 2024. 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