Laurelwood Inc Of Spartanburg
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 94,438 | 106,928 | −12,490 | -29.5 | 21% |
| 2012 | 82,332 | 112,381 | −30,049 | -31.2 | 21% |
| 2013 | 84,400 | 116,739 | −32,339 | -33.4 | 22% |
| 2014 | 92,698 | 127,878 | −35,180 | -33.8 | 13% |
| 2015 | 95,124 | 105,271 | −10,147 | -42.2 | 14% |
| 2016 | 97,816 | 102,807 | −4,991 | -43.8 | 12% |
| 2017 | 96,301 | 117,299 | −20,998 | -40.5 | 13% |
| 2018 | 96,350 | 122,123 | −25,773 | -41.5 | 12% |
| 2019 | 107,542 | 119,912 | −12,370 | -43.5 | 17% |
| 2020 | 110,983 | 146,451 | −35,468 | -38.5 | 17% |
| 2021 | 109,978 | 136,100 | −26,122 | -43.7 | 19% |
| 2022 | 101,430 | 153,637 | −52,207 | -42.8 | 16% |
| 2023 | 113,657 | 133,729 | −20,072 | -51.0 | 15% |
| 2024 | 100,485 | 146,002 | −45,517 | -50.4 | 15% |
In its most recent public year (2024), this organization spent $45,517 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-50.4 months), down from -29.5 in 2011. Staff pay was 15% 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works