The Swasey Fund For Relief Of Public School Teachers Of Newburyp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 249,152 | 185,673 | 63,479 | 393.1 | 11% |
| 2013 | 271,123 | 179,650 | 91,473 | 450.7 | 14% |
| 2014 | 300,480 | 202,589 | 97,891 | 436.8 | 12% |
| 2015 | 623,429 | 185,444 | 437,985 | 503.9 | 13% |
| 2016 | 310,977 | 181,924 | 129,053 | 497.2 | 14% |
| 2017 | 363,250 | 333,138 | 30,112 | 283.2 | 7% |
| 2018 | 683,276 | 621,711 | 61,565 | 144.5 | 4% |
| 2019 | 390,564 | 330,676 | 59,888 | 293.0 | 8% |
| 2020 | 578,656 | 347,647 | 231,009 | 269.5 | 8% |
| 2021 | 414,163 | 336,952 | 77,211 | 343.3 | 6% |
| 2022 | 570,843 | 363,443 | 207,400 | 317.0 | 6% |
| 2023 | 292,879 | 423,273 | −130,394 | 272.2 | 5% |
| 2024 | 355,630 | 404,838 | −49,208 | 303.7 | 6% |
In its most recent public year (2024), this organization spent $49,208 more than it brought in. Its reserves stood at about 303.7 months of spending, down from 393.1 in 2012. Staff pay was 6% of spending. $4,976,425 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 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
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