Whitehaven Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 300,000 | 9,496 | 290,504 | 367.3 | 0% |
| 2018 | 5,870 | 116,878 | −111,008 | 18.5 | 73% |
| 2019 | 14,750 | 115,652 | −100,902 | 6.8 | 74% |
| 2020 | 53,181 | 97,499 | −44,318 | 4.8 | — |
| 2021 | 196,285 | 124,518 | 71,767 | 11.3 | 0% |
| 2022 | 93,930 | 197,886 | −103,956 | 0.5 | 0% |
| 2023 | 151,369 | 120,456 | 30,913 | 4.2 | 0% |
In its most recent public year (2023), this organization brought in $30,913 more than it spent. Its reserves stood at about 4.2 months of spending, down from 367.3 in 2017. Staff pay was 0% of spending. $157,951 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
Whitehaven Economic Development Corporation'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