Berks County Industrial Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 9,670,914 | 22,939 | 9,647,975 | 5027.3 | 0% |
| 2015 | 178,139 | 45,873 | 132,266 | 2396.5 | 0% |
| 2016 | 286,588 | 48,961 | 237,627 | 2295.8 | 0% |
| 2017 | 711,587 | 37,699 | 673,888 | 3140.7 | 0% |
| 2018 | 1,038,883 | 33,735 | 1,005,148 | 3409.2 | 0% |
| 2019 | 526,950 | 34,367 | 492,583 | 3603.6 | 0% |
| 2020 | 531,425 | 33,613 | 497,812 | 3401.8 | 0% |
| 2021 | 1,616,459 | 40,955 | 1,575,504 | 3074.9 | 0% |
| 2022 | 636,968 | 41,842 | 595,126 | 2723.9 | 0% |
| 2023 | 622,328 | 42,473 | 579,855 | 3354.7 | 0% |
In its most recent public year (2023), this organization brought in $579,855 more than it spent. Its reserves stood at about 3354.7 months of spending, down from 5027.3 in 2014. 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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