Hanover Arc Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 126,706 | 112,277 | 14,429 | 16.7 | 33% |
| 2013 | 116,360 | 109,744 | 6,616 | 18.0 | 33% |
| 2014 | 125,673 | 113,230 | 12,443 | 18.9 | 38% |
| 2015 | 100,374 | 109,731 | −9,357 | 18.4 | 38% |
| 2016 | 106,920 | 98,302 | 8,618 | 21.7 | 42% |
| 2017 | 92,010 | 88,020 | 3,990 | 24.8 | — |
| 2018 | 100,083 | 91,321 | 8,762 | 25.4 | — |
| 2019 | 62,092 | 71,143 | −9,051 | 31.1 | — |
| 2020 | 54,861 | 76,620 | −21,759 | 25.6 | — |
| 2021 | 69,513 | 66,213 | 3,300 | 30.2 | — |
| 2022 | 112,724 | 82,521 | 30,203 | 28.3 | — |
| 2023 | 263,583 | 143,862 | 119,721 | 26.5 | 31% |
In its most recent public year (2023), this organization brought in $119,721 more than it spent. Its reserves stood at about 26.5 months of spending, up from 16.7 in 2012. Staff pay was 31% 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
Hanover Arc Incorporated'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