Southeast Rural Community Assistance Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,228,189 | 6,113,282 | 114,907 | 9.8 | 2% |
| 2021 | 6,797,376 | 6,262,153 | 535,223 | 10.6 | 2% |
| 2022 | 8,197,130 | 7,845,383 | 351,747 | 8.9 | 30% |
| 2023 | 8,974,272 | 9,285,445 | −311,173 | 2.9 | 38% |
In its most recent public year (2023), this organization spent $311,173 more than it brought in. Its reserves stood at about 2.9 months of spending, down from 9.8 in 2020. Staff pay was 38% 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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