Hereford Senior Citizen Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 588,751 | 634,421 | −45,670 | 8.8 | 31% |
| 2015 | 533,384 | 546,773 | −13,389 | 8.6 | 40% |
| 2016 | 447,321 | 507,377 | −60,056 | 7.8 | 46% |
| 2017 | 454,714 | 490,208 | −35,494 | 7.2 | 43% |
| 2018 | 527,332 | 529,238 | −1,906 | 6.9 | 41% |
| 2019 | 853,701 | 555,986 | 297,715 | 13.0 | 40% |
| 2020 | 761,658 | 587,334 | 174,324 | 15.7 | 39% |
| 2021 | 629,408 | 718,404 | −88,996 | 11.8 | 41% |
| 2022 | 1,117,486 | 948,593 | 168,893 | 10.9 | 35% |
| 2023 | 1,311,993 | 1,294,373 | 17,620 | 8.2 | 28% |
In its most recent public year (2023), this organization brought in $17,620 more than it spent. Its reserves stood at about 8.2 months of spending. Staff pay was 28% 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
Hereford Senior Citizen Assoc'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