Westerly Armory Restoration
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 94,658 | 113,433 | −18,775 | 109.1 | 22% |
| 2012 | 67,722 | 122,356 | −54,634 | 95.8 | 20% |
| 2013 | 108,057 | 98,166 | 9,891 | 120.7 | 26% |
| 2014 | 103,034 | 98,329 | 4,705 | 121.0 | 27% |
| 2015 | 140,071 | 101,693 | 38,378 | 121.6 | 26% |
| 2016 | 187,966 | 107,588 | 80,378 | 123.9 | 24% |
| 2017 | 112,105 | 108,103 | 4,002 | 123.7 | 24% |
| 2018 | 161,637 | 120,574 | 41,063 | 115.0 | 22% |
| 2019 | 102,313 | 99,768 | 2,545 | 139.3 | 26% |
| 2020 | 112,563 | 101,455 | 11,108 | 138.3 | 26% |
| 2021 | 166,246 | 101,700 | 64,546 | 145.6 | 26% |
| 2022 | 222,230 | 108,562 | 113,668 | 148.9 | 24% |
| 2023 | 151,665 | 122,357 | 29,308 | 135.0 | 21% |
In its most recent public year (2023), this organization brought in $29,308 more than it spent. Its reserves stood at about 135 months of spending, up from 109.1 in 2011. Staff pay was 21% of spending. $141,494 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
Westerly Armory Restoration'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