Gloucester Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 104,110 | 101,879 | 2,231 | 16.3 | — |
| 2021 | 260,407 | 193,917 | 66,490 | 12.7 | 0% |
| 2022 | 220,205 | 143,463 | 76,742 | 23.2 | 0% |
| 2023 | 188,469 | 164,230 | 24,239 | 22.0 | 0% |
In its most recent public year (2023), this organization brought in $24,239 more than it spent. Its reserves stood at about 22 months of spending, up from 16.3 in 2020. 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
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