Wirt County Committee On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 814,011 | 687,211 | 126,800 | 2.2 | 60% |
| 2021 | 928,814 | 659,596 | 269,218 | 7.3 | 60% |
| 2022 | 933,663 | 889,989 | 43,674 | 6.0 | 57% |
| 2023 | 1,000,182 | 862,415 | 137,767 | 8.1 | 68% |
In its most recent public year (2023), this organization brought in $137,767 more than it spent. Its reserves stood at about 8.1 months of spending, up from 2.2 in 2020. Staff pay was 68% of spending. $19,441 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
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