Westminster Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 268,895 | 263,418 | 5,477 | 9.3 | 82% |
| 2012 | 313,067 | 317,358 | −4,291 | 7.6 | 81% |
| 2013 | 346,330 | 348,372 | −2,042 | 6.8 | 81% |
| 2014 | 313,159 | 391,258 | −78,099 | 3.7 | 69% |
| 2015 | 335,922 | 348,352 | −12,430 | 3.7 | 78% |
| 2016 | 339,113 | 348,283 | −9,170 | 3.4 | 78% |
| 2017 | 370,078 | 367,899 | 2,179 | 3.3 | 79% |
| 2018 | 388,631 | 386,154 | 2,477 | 3.2 | 80% |
| 2019 | 417,599 | 411,442 | 6,157 | 3.2 | 77% |
| 2020 | 427,213 | 422,377 | 4,836 | 3.3 | 81% |
| 2021 | 436,248 | 421,455 | 14,793 | 3.7 | 78% |
| 2022 | 439,799 | 435,786 | 4,013 | 3.7 | 75% |
| 2023 | 505,743 | 479,246 | 26,497 | 4.0 | 80% |
| 2024 | 518,084 | 525,626 | −7,542 | 3.5 | 80% |
In its most recent public year (2024), this organization spent $7,542 more than it brought in. Its reserves stood at about 3.5 months of spending, down from 9.3 in 2011. Staff pay was 80% 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 2024. 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
Westminster Academy Inc's IRS filings as a feed — one entry per filing year, through 2024. 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