Aberdeen Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,950,576 | 2,639,935 | 310,641 | 66.4 | 9% |
| 2013 | 2,865,326 | 2,694,775 | 170,551 | 65.8 | 10% |
| 2014 | 2,990,471 | 2,607,418 | 383,053 | 69.8 | 11% |
| 2015 | 2,903,295 | 2,629,802 | 273,493 | 70.5 | 10% |
| 2016 | 3,636,279 | 2,360,936 | 1,275,343 | 85.0 | 14% |
| 2017 | 5,063,638 | 2,341,516 | 2,722,122 | 99.6 | 19% |
| 2018 | 3,030,298 | 12,649,744 | −9,619,446 | 9.3 | 3% |
| 2019 | 1,413,746 | 2,492,708 | −1,078,962 | 42.1 | 15% |
| 2020 | 2,549,970 | 1,387,029 | 1,162,941 | 89.2 | 15% |
| 2021 | 503,905 | 1,169,286 | −665,381 | 100.3 | 23% |
| 2022 | 1,606,263 | 1,041,174 | 565,089 | 112.2 | 29% |
| 2023 | 920,712 | 1,684,986 | −764,274 | 65.3 | 22% |
In its most recent public year (2023), this organization spent $764,274 more than it brought in. Its reserves stood at about 65.3 months of spending, down from 66.4 in 2012. Staff pay was 22% of spending. $4,420,478 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
Aberdeen Development Corporation'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