Lowcountry Regional Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,362 | 59,856 | 10,506 | 102.9 | 5% |
| 2012 | 77,639 | 47,437 | 30,202 | 137.5 | 0% |
| 2013 | 24,665 | 10,823 | 13,842 | 617.8 | 0% |
| 2014 | 11,950 | 2,866 | 9,084 | 2064.5 | 0% |
| 2015 | 39,189 | 2,912 | 36,277 | 2181.4 | 0% |
| 2016 | 107,775 | 122,293 | −14,518 | 50.5 | 0% |
| 2017 | 5,155 | 153,091 | −147,936 | 28.8 | 0% |
| 2018 | 140 | 7,132 | −6,992 | 605.6 | 0% |
| 2019 | 647 | 3,475 | −2,828 | 1233.1 | — |
| 2020 | 10,139 | 12,020 | −1,881 | 354.6 | — |
| 2021 | 44 | 3,370 | −3,326 | 1253.0 | — |
| 2022 | 43 | 3,540 | −3,497 | 1180.9 | — |
| 2023 | 42 | 3,662 | −3,620 | 1129.7 | — |
In its most recent public year (2023), this organization spent $3,620 more than it brought in. Its reserves stood at about 1129.7 months of spending, up from 102.9 in 2011.
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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