Plant City Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 375,460 | 241,966 | 133,494 | 6.6 | 46% |
| 2017 | 381,603 | 375,057 | 6,546 | 4.5 | 49% |
| 2018 | 346,472 | 348,540 | −2,068 | 4.8 | 57% |
| 2019 | 358,436 | 328,385 | 30,051 | 6.2 | 50% |
| 2020 | 386,269 | 416,510 | −30,241 | 4.0 | 51% |
| 2021 | 415,481 | 435,979 | −20,498 | 3.2 | 50% |
| 2022 | 412,233 | 438,063 | −25,830 | 2.5 | 50% |
| 2023 | 369,875 | 338,818 | 31,057 | 4.3 | 53% |
| 2024 | 480,361 | 343,147 | 137,214 | 9.1 | 58% |
In its most recent public year (2024), this organization brought in $137,214 more than it spent. Its reserves stood at about 9.1 months of spending, up from 6.6 in 2016. Staff pay was 58% 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 2024. 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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