Cherryville Area Ministries And Thrift Shop
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 488,011 | 466,543 | 21,468 | 5.2 | 23% |
| 2013 | 556,478 | 513,185 | 43,293 | 5.8 | 19% |
| 2014 | 571,320 | 553,490 | 17,830 | 5.7 | 21% |
| 2015 | 307,340 | 311,033 | −3,693 | 10.6 | 38% |
| 2016 | 325,104 | 278,502 | 46,602 | 13.5 | 45% |
| 2017 | 339,160 | 268,616 | 70,544 | 16.4 | 45% |
| 2018 | 333,551 | 303,690 | 29,861 | 15.7 | 43% |
| 2019 | 321,258 | 318,222 | 3,036 | 15.1 | 44% |
| 2020 | 296,014 | 285,133 | 10,881 | 17.3 | 40% |
| 2021 | 331,674 | 299,603 | 32,071 | 17.7 | 38% |
| 2022 | 332,780 | 314,309 | 18,471 | 17.6 | 42% |
| 2023 | 362,603 | 295,379 | 67,224 | 21.5 | 43% |
In its most recent public year (2023), this organization brought in $67,224 more than it spent. Its reserves stood at about 21.5 months of spending, up from 5.2 in 2012. Staff pay was 43% of spending. $43,706 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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