Westminster Presbyterian Retirement Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18,862,215 | 18,280,103 | 582,112 | -27.3 | 37% |
| 2012 | 19,414,419 | 19,507,130 | −92,711 | -25.8 | 37% |
| 2013 | 20,606,867 | 20,532,767 | 74,100 | -24.5 | 35% |
| 2014 | 22,505,288 | 21,216,510 | 1,288,778 | -22.9 | 36% |
| 2015 | 24,295,083 | 22,473,022 | 1,822,061 | -20.5 | 39% |
| 2016 | 25,129,308 | 22,681,528 | 2,447,780 | -18.9 | 37% |
| 2017 | 26,569,451 | 22,638,358 | 3,931,093 | -16.4 | 37% |
| 2018 | 26,969,017 | 24,425,646 | 2,543,371 | -14.7 | 33% |
| 2019 | 25,872,359 | 25,165,417 | 706,942 | -12.6 | 32% |
| 2020 | 25,874,495 | 27,126,035 | −1,251,540 | -12.1 | 27% |
| 2021 | 25,743,305 | 26,420,437 | −677,132 | -12.8 | 29% |
| 2022 | 26,775,813 | 28,928,585 | −2,152,772 | -13.6 | 31% |
| 2023 | 29,381,157 | 31,895,532 | −2,514,375 | -12.4 | 31% |
In its most recent public year (2023), this organization spent $2,514,375 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.4 months), up from -27.3 in 2011. Staff pay was 31% of spending. $4,216,478 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
Westminster Presbyterian Retirement Community 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