Westminster Fire Engine And Hose Company No 1 Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2021 | $3,778,738 | $3,663,146 | $115,592 | 21.7 | 42% |
| 2022 | $3,523,670 | $3,740,152 | −$216,482 | 19.8 | 40% |
| 2023 | $3,765,991 | $3,586,829 | $179,162 | 21.5 | 41% |
In its most recent public year (2023), this organization brought in $179,162 more than it spent. Its reserves stood at about 21.5 months of spending. Staff pay was 41% of spending. $81,487 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 ↗
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