United Church Residences Of Covington Tennessee Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 393,544 | 346,710 | 46,834 | -13.4 | 12% |
| 2012 | 410,512 | 354,722 | 55,790 | -13.3 | 11% |
| 2013 | 384,905 | 361,917 | 22,988 | -12.2 | 10% |
| 2014 | 422,124 | 379,004 | 43,120 | -10.3 | 10% |
| 2015 | 406,399 | 375,001 | 31,398 | -9.4 | 10% |
| 2016 | 520,369 | 366,427 | 153,942 | -4.6 | 7% |
| 2017 | 445,035 | 383,904 | 61,131 | -2.5 | 8% |
| 2018 | 442,471 | 414,928 | 27,543 | -1.5 | 10% |
| 2019 | 458,120 | 408,114 | 50,006 | -0.1 | 10% |
| 2020 | 482,520 | 391,649 | 90,871 | 2.7 | 11% |
| 2021 | 470,739 | 397,587 | 73,152 | 4.9 | 9% |
| 2022 | 496,047 | 415,841 | 80,206 | 7.0 | 9% |
| 2023 | 532,938 | 512,194 | 20,744 | -32.7 | 8% |
In its most recent public year (2023), this organization brought in $20,744 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-32.7 months), down from -13.4 in 2011. Staff pay was 8% 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
United Church Residences Of Covington Tennessee Inc'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