Golden Corner Food Pantry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 318,028 | 211,525 | 106,503 | 41.8 | 8% |
| 2012 | 270,515 | 252,319 | 18,196 | 35.9 | 12% |
| 2013 | 318,140 | 237,871 | 80,269 | 42.1 | 15% |
| 2014 | 295,789 | 336,957 | −41,168 | 28.3 | 10% |
| 2015 | 318,670 | 271,579 | 47,091 | 37.3 | 13% |
| 2016 | 226,456 | 283,053 | −56,597 | 33.3 | 13% |
| 2017 | 259,509 | 270,647 | −11,138 | 34.4 | 14% |
| 2018 | 595,636 | 587,585 | 8,051 | 16.7 | 7% |
| 2019 | 620,641 | 612,960 | 7,681 | 16.1 | 7% |
| 2020 | 992,660 | 669,450 | 323,210 | 20.6 | 8% |
| 2021 | 750,038 | 570,042 | 179,996 | 27.9 | 10% |
| 2022 | 1,314,001 | 1,163,719 | 150,282 | 15.2 | 5% |
| 2023 | 1,460,015 | 1,313,486 | 146,529 | 14.8 | 5% |
In its most recent public year (2023), this organization brought in $146,529 more than it spent. Its reserves stood at about 14.8 months of spending, down from 41.8 in 2011. Staff pay was 5% of spending. $120,500 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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