Parsonsburg Fire Co Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,222,324 | 745,940 | 476,384 | 58.0 | 16% |
| 2021 | 869,861 | 732,203 | 137,658 | 61.3 | 24% |
| 2022 | 1,065,981 | 999,567 | 66,414 | 45.7 | 20% |
| 2023 | 973,872 | 940,775 | 33,097 | 49.0 | 25% |
In its most recent public year (2023), this organization brought in $33,097 more than it spent. Its reserves stood at about 49 months of spending, down from 58 in 2020. Staff pay was 25% 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
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