Salem Dream Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 79,196 | 64,660 | 14,536 | 2.7 | — |
| 2015 | 147,303 | 139,484 | 7,819 | 1.9 | — |
| 2016 | 147,554 | 133,407 | 14,147 | 3.3 | — |
| 2017 | 370,369 | 374,681 | −4,312 | 1.0 | 18% |
| 2018 | 802,113 | 807,593 | −5,480 | 0.4 | 14% |
| 2019 | 365,768 | 381,655 | −15,887 | 0.3 | 29% |
| 2020 | 486,918 | 446,554 | 40,364 | 1.4 | 25% |
| 2021 | 688,851 | 651,028 | 37,823 | 1.6 | 14% |
| 2022 | 653,222 | 624,350 | 28,872 | 2.3 | 18% |
| 2023 | 719,585 | 753,628 | −34,043 | 1.3 | 23% |
In its most recent public year (2023), this organization spent $34,043 more than it brought in. Its reserves stood at about 1.3 months of spending, down from 2.7 in 2014. Staff pay was 23% of spending. $17,275 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
Salem Dream Center'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