Operating record

Preachers Aid Society Of New England

Wells, ME · EIN 04-6037997 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$3,654,567$1,765,496$1,889,071348.926%
2021$3,082,891$1,748,525$1,334,366378.825%
2022$1,949,291$1,921,671$27,620297.723%
2023$2,756,146$2,199,889$556,257276.619%

In its most recent public year (2023), this organization brought in $556,257 more than it spent. Its reserves stood at about 276.6 months of spending, down from 348.9 in 2020. Staff pay was 19% of spending. $11,154,170 of its net assets are donor-restricted.

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 ↗