Homestead Water Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 306,374 | 235,481 | 70,893 | 3.6 | 41% |
| 2016 | 428,269 | 305,738 | 122,531 | 7.6 | 34% |
| 2017 | 316,449 | 371,049 | −54,600 | 15.3 | 36% |
| 2018 | 354,845 | 376,194 | −21,349 | 18.2 | 36% |
| 2019 | 506,559 | 456,654 | 49,905 | 20.3 | 30% |
| 2020 | 462,038 | 425,476 | 36,562 | 28.5 | 36% |
| 2021 | 677,881 | 470,259 | 207,622 | 38.1 | 44% |
| 2022 | 597,852 | 385,128 | 212,724 | 60.4 | 67% |
| 2023 | 630,786 | 417,867 | 212,919 | 67.4 | 55% |
In its most recent public year (2023), this organization brought in $212,919 more than it spent. Its reserves stood at about 67.4 months of spending, up from 3.6 in 2015. Staff pay was 55% of spending. $1,650,626 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
Homestead Water Company'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