Portsmouth & Chesapeake Area Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 199,358 | 10,922 | 188,436 | 776.9 | 0% |
| 2012 | 112,630 | 5,000 | 107,630 | 1955.4 | 0% |
| 2013 | 156,723 | 33,457 | 123,266 | 337.0 | 0% |
| 2014 | 42,860 | 30,507 | 12,353 | 374.5 | 0% |
| 2015 | 51,781 | 39,241 | 12,540 | 295.2 | 0% |
| 2016 | 50,324 | 55,112 | −4,788 | 209.0 | 0% |
| 2017 | 49,924 | 62,818 | −12,894 | 181.0 | 0% |
| 2018 | 81,871 | 32,384 | 49,487 | 369.1 | 0% |
| 2019 | 92,497 | 66,653 | 25,844 | 187.4 | 0% |
| 2020 | 2,039,276 | 56,555 | 1,982,721 | 641.0 | 0% |
| 2021 | 673,981 | 63,491 | 610,490 | 681.0 | 0% |
| 2022 | 432,762 | 190,753 | 242,009 | 241.7 | 0% |
| 2023 | 238,534 | 124,644 | 113,890 | 372.5 | 0% |
In its most recent public year (2023), this organization brought in $113,890 more than it spent. Its reserves stood at about 372.5 months of spending, down from 776.9 in 2011. Staff pay was 0% 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
Portsmouth & Chesapeake Area Foundation'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