Westminster Home Connection
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 455,593 | 538,442 | −82,849 | 12.5 | 17% |
| 2018 | 692,110 | 706,538 | −14,428 | 9.3 | 19% |
| 2019 | 703,420 | 679,102 | 24,318 | 9.8 | 24% |
| 2020 | 1,036,493 | 776,332 | 260,161 | 12.6 | 27% |
| 2021 | 973,687 | 1,040,589 | −66,902 | 8.6 | 19% |
| 2022 | 1,459,318 | 983,352 | 475,966 | 14.9 | 14% |
| 2023 | 1,532,040 | 949,970 | 582,070 | 22.8 | 19% |
In its most recent public year (2023), this organization brought in $582,070 more than it spent. Its reserves stood at about 22.8 months of spending, up from 12.5 in 2017. Staff pay was 19% of spending. $1,012,423 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
Westminster Home Connection's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works