Business Development Corporation Of Clarendon County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,573,063 | 392,135 | 2,180,928 | 160.8 | 0% |
| 2012 | 584,736 | 534,558 | 50,178 | 119.1 | 0% |
| 2013 | 294,945 | 223,173 | 71,772 | 272.7 | 0% |
| 2014 | 601,663 | 258,626 | 343,037 | 251.2 | 0% |
| 2015 | 771,958 | 399,292 | 372,666 | 173.6 | 0% |
| 2016 | 967,941 | 477,890 | 490,051 | 157.4 | 0% |
| 2017 | 582,201 | 526,682 | 55,519 | 144.0 | 0% |
| 2018 | 510,398 | 511,802 | −1,404 | 148.2 | 0% |
| 2019 | 657,039 | 609,433 | 47,606 | 125.4 | 0% |
| 2020 | 556,630 | 409,931 | 146,699 | 190.7 | 0% |
| 2021 | 836,779 | 580,161 | 256,618 | 140.0 | 0% |
| 2022 | 1,196,088 | 1,264,758 | −68,670 | 63.6 | 0% |
| 2023 | 1,091,659 | 526,677 | 564,982 | 165.6 | 0% |
In its most recent public year (2023), this organization brought in $564,982 more than it spent. Its reserves stood at about 165.6 months of spending, up from 160.8 in 2011. Staff pay was 0% of spending. $1,113,858 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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