Federal Hill Commerce Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 149,562 | 145,517 | 4,045 | 1.0 | — |
| 2020 | 534,275 | 557,606 | −23,331 | -0.2 | 10% |
| 2021 | 360,467 | 341,355 | 19,112 | -0.3 | 13% |
| 2022 | 663,077 | 588,154 | 74,923 | 1.5 | 9% |
| 2023 | 742,531 | 759,090 | −16,559 | 1.0 | 23% |
In its most recent public year (2023), this organization spent $16,559 more than it brought in. Its reserves stood at about 1 months of spending. Staff pay was 23% of spending. $20,000 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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