Meals On Wheels Of Summerville Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 261,442 | 197,375 | 64,067 | 37.1 | 30% |
| 2021 | 314,892 | 206,320 | 108,572 | 42.9 | 33% |
| 2022 | 287,010 | 242,062 | 44,948 | 35.7 | 36% |
| 2023 | 313,606 | 318,243 | −4,637 | 28.1 | 28% |
In its most recent public year (2023), this organization spent $4,637 more than it brought in. Its reserves stood at about 28.1 months of spending, down from 37.1 in 2020. Staff pay was 28% of spending. $194,572 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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