Washington Area Community Investment Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 911,656 | 568,991 | 342,665 | 4.6 | 36% |
| 2011 | 836,261 | 859,067 | −22,806 | 2.7 | 24% |
| 2012 | 785,410 | 895,138 | −109,728 | 1.1 | 32% |
| 2013 | 1,359,614 | 1,240,558 | 119,056 | 1.9 | 31% |
| 2014 | 1,378,846 | 1,344,763 | 34,083 | 2.1 | 40% |
| 2015 | 1,106,683 | 1,089,366 | 17,317 | 2.7 | 49% |
| 2016 | 967,314 | 1,621,627 | −654,313 | -3.0 | 34% |
| 2017 | 1,328,274 | 1,243,278 | 84,996 | -3.1 | 46% |
| 2018 | 3,170,161 | 2,044,907 | 1,125,254 | 4.7 | 42% |
| 2019 | 3,904,649 | 2,050,331 | 1,854,318 | 13.5 | 44% |
| 2020 | 6,397,191 | 2,735,664 | 3,661,527 | 26.2 | 51% |
| 2021 | 7,620,930 | 4,660,784 | 2,960,146 | 22.9 | 44% |
| 2022 | 9,086,978 | 6,866,291 | 2,220,687 | 19.5 | 44% |
| 2023 | 7,616,507 | 10,848,582 | −3,232,075 | 8.8 | 34% |
In its most recent public year (2023), this organization spent $3,232,075 more than it brought in. Its reserves stood at about 8.8 months of spending, up from 4.6 in 2010. Staff pay was 34% of spending. $1,064,345 of its net assets are donor-restricted.
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
Washington Area Community Investment Fund Inc'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