Claremont Senior Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 120,242 | 121,501 | −1,259 | 51.9 | 4% |
| 2021 | 81,916 | 85,746 | −3,830 | 73.0 | 9% |
| 2022 | 122,362 | 116,207 | 6,155 | 54.4 | 15% |
| 2023 | 122,103 | 146,661 | −24,558 | 41.3 | 18% |
In its most recent public year (2023), this organization spent $24,558 more than it brought in. Its reserves stood at about 41.3 months of spending, down from 51.9 in 2020. Staff pay was 18% 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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