Patriot Coal Salaried Retiree Veba Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,412,409 | 1,477,152 | 935,257 | 81.6 | 0% |
| 2021 | 413,634 | 1,290,865 | −877,231 | 92.4 | 0% |
| 2022 | 284,521 | 1,198,059 | −913,538 | 83.0 | 0% |
| 2023 | 361,864 | 1,118,426 | −756,562 | 84.3 | 0% |
In its most recent public year (2023), this organization spent $756,562 more than it brought in. Its reserves stood at about 84.3 months of spending, up from 81.6 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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