Portuguese-American Recreation Club Of Woburn Ma
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 39,238 | 43,753 | −4,515 | 26.3 | — |
| 2020 | 19,199 | 39,212 | −20,013 | 23.2 | — |
| 2021 | 37,201 | 37,468 | −267 | 24.2 | — |
| 2022 | 40,300 | 40,679 | −379 | 22.2 | — |
| 2023 | 44,282 | 54,274 | −9,992 | 14.4 | — |
In its most recent public year (2023), this organization spent $9,992 more than it brought in. Its reserves stood at about 14.4 months of spending, down from 26.3 in 2019.
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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