United States Armor Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 278,801 | 351,233 | −72,432 | 11.3 | 32% |
| 2012 | 315,416 | 314,411 | 1,005 | 12.7 | 37% |
| 2013 | 362,565 | 359,537 | 3,028 | 11.2 | 33% |
| 2014 | 305,319 | 338,484 | −33,165 | 9.3 | 37% |
| 2015 | 354,384 | 376,875 | −22,491 | 8.3 | 36% |
| 2016 | 359,770 | 361,868 | −2,098 | 8.6 | 41% |
| 2017 | 343,269 | 375,210 | −31,941 | 7.3 | 38% |
| 2018 | 352,073 | 348,939 | 3,134 | 7.9 | 44% |
| 2019 | 326,263 | 383,216 | −56,953 | 5.4 | 45% |
| 2020 | 356,530 | 364,337 | −7,807 | 6.6 | 53% |
| 2021 | 334,828 | 366,923 | −32,095 | 5.5 | 17% |
| 2022 | 392,581 | 344,055 | 48,526 | 7.6 | 36% |
| 2023 | 402,463 | 311,570 | 90,893 | 11.9 | 51% |
In its most recent public year (2023), this organization brought in $90,893 more than it spent. Its reserves stood at about 11.9 months of spending. Staff pay was 51% 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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