Hilton Head Island Swim Team
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 177,090 | 179,254 | −2,164 | 2.0 | 51% |
| 2012 | 178,552 | 191,076 | −12,524 | 1.1 | 49% |
| 2013 | 238,165 | 223,513 | 14,652 | 1.8 | 43% |
| 2014 | 236,416 | 217,610 | 18,806 | 3.0 | 43% |
| 2016 | 241,606 | 185,999 | 55,607 | 10.2 | 46% |
| 2017 | 267,863 | 232,383 | 35,480 | 9.0 | 38% |
| 2018 | 250,647 | 250,654 | −7 | 8.6 | 37% |
| 2019 | 253,393 | 254,545 | −1,152 | 8.4 | 35% |
| 2020 | 215,087 | 208,060 | 7,027 | 10.5 | 43% |
| 2021 | 309,169 | 267,398 | 41,771 | 10.1 | 48% |
| 2022 | 325,509 | 278,643 | 46,866 | 11.7 | 36% |
| 2023 | 297,226 | 327,416 | −30,190 | 8.8 | 44% |
In its most recent public year (2023), this organization spent $30,190 more than it brought in. Its reserves stood at about 8.8 months of spending, up from 2 in 2011. Staff pay was 44% 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 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
Hilton Head Island Swim Team's IRS filings as a feed — one entry per filing year, through 2023. 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