Newark Area Welfare Committee Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 119,041 | 119,088 | −47 | 5.5 | — |
| 2012 | 108,172 | 119,140 | −10,968 | 5.6 | — |
| 2013 | 152,227 | 149,162 | 3,065 | 4.7 | — |
| 2014 | 183,182 | 171,585 | 11,597 | 4.9 | — |
| 2015 | 150,801 | 159,144 | −8,343 | 4.7 | — |
| 2016 | 181,110 | 164,333 | 16,777 | 5.8 | — |
| 2017 | 166,177 | 144,304 | 21,873 | 8.6 | — |
| 2018 | 184,915 | 184,471 | 444 | 6.7 | — |
| 2019 | 184,698 | 185,924 | −1,226 | 6.7 | — |
| 2020 | 167,149 | 144,046 | 23,103 | 10.7 | — |
| 2021 | 198,039 | 180,993 | 17,046 | 9.7 | — |
| 2022 | 223,125 | 225,757 | −2,632 | 7.6 | 0% |
| 2023 | 320,369 | 300,187 | 20,182 | 6.5 | 0% |
In its most recent public year (2023), this organization brought in $20,182 more than it spent. Its reserves stood at about 6.5 months of spending. Staff pay was 0% 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
Newark Area Welfare Committee Inc'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