Washington County Mutual Insurance Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 205,651 | 179,866 | 25,785 | 26.2 | 16% |
| 2021 | 227,596 | 208,636 | 18,960 | 23.7 | 15% |
| 2022 | 231,221 | 234,491 | −3,270 | 20.9 | 13% |
| 2023 | 260,871 | 265,240 | −4,369 | 18.3 | 12% |
In its most recent public year (2023), this organization spent $4,369 more than it brought in. Its reserves stood at about 18.3 months of spending, down from 26.2 in 2020. Staff pay was 12% 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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