Virginia Association Of Realtors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,654,535 | 6,495,887 | 1,158,648 | 32.6 | 15% |
| 2021 | 9,283,805 | 7,130,710 | 2,153,095 | 34.6 | 13% |
| 2022 | 9,190,148 | 8,733,573 | 456,575 | 24.4 | 49% |
| 2023 | 9,482,797 | 9,521,758 | −38,961 | 24.6 | 51% |
In its most recent public year (2023), this organization spent $38,961 more than it brought in. Its reserves stood at about 24.6 months of spending, down from 32.6 in 2020. 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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