West Iredell Water Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,118,495 | 867,638 | 250,857 | 30.0 | 26% |
| 2012 | 1,101,881 | 895,604 | 206,277 | 31.8 | 25% |
| 2013 | 1,098,919 | 849,299 | 249,620 | 37.0 | 26% |
| 2014 | 1,123,689 | 918,707 | 204,982 | 36.9 | 26% |
| 2015 | 1,140,517 | 1,013,620 | 126,897 | 35.0 | 24% |
| 2016 | 1,184,607 | 1,000,960 | 183,647 | 37.6 | 25% |
| 2017 | 1,126,727 | 944,424 | 182,303 | 42.2 | 25% |
| 2018 | 1,172,326 | 940,361 | 231,965 | 45.3 | 25% |
| 2019 | 1,179,064 | 929,068 | 249,996 | 49.1 | 24% |
| 2020 | 1,175,009 | 956,143 | 218,866 | 50.5 | 26% |
| 2021 | 1,314,976 | 1,089,337 | 225,639 | 46.8 | 23% |
| 2022 | 1,300,029 | 1,175,454 | 124,575 | 44.6 | 23% |
In its most recent public year (2022), this organization brought in $124,575 more than it spent. Its reserves stood at about 44.6 months of spending, up from 30 in 2011. Staff pay was 23% 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 2022. 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
West Iredell Water Company's IRS filings as a feed — one entry per filing year, through 2022. 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