Murrells Inlet 2020
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 184,009 | 92,608 | 91,401 | 36.3 | 61% |
| 2021 | 177,379 | 98,824 | 78,555 | 43.6 | 56% |
| 2022 | 198,576 | 163,903 | 34,673 | 25.8 | 40% |
| 2023 | 197,967 | 173,017 | 24,950 | 26.2 | 40% |
In its most recent public year (2023), this organization brought in $24,950 more than it spent. Its reserves stood at about 26.2 months of spending, down from 36.3 in 2020. Staff pay was 40% of spending. $32,399 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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