Greater Miami Service Corps
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,505,719 | 2,621,692 | −115,973 | 0.0 | 66% |
| 2012 | 1,870,593 | 2,243,291 | −372,698 | -2.0 | 66% |
| 2013 | 2,472,949 | 2,617,264 | −144,315 | -2.3 | 59% |
| 2014 | 2,437,094 | 2,554,415 | −117,321 | -3.0 | 63% |
| 2015 | 2,317,966 | 2,392,174 | −74,208 | -3.5 | 62% |
| 2016 | 2,868,586 | 2,628,225 | 240,361 | -2.1 | 66% |
| 2017 | 2,854,967 | 2,815,311 | 39,656 | -1.8 | 58% |
| 2018 | 3,793,663 | 3,547,683 | 245,980 | -0.6 | 50% |
| 2019 | 3,202,559 | 3,116,113 | 86,446 | -0.4 | 47% |
| 2020 | 5,943,855 | 5,432,490 | 511,365 | 0.9 | 31% |
| 2021 | 5,833,031 | 5,510,161 | 322,870 | 1.6 | 30% |
| 2022 | 5,608,958 | 5,066,903 | 542,055 | 3.0 | 47% |
| 2023 | 2,793,169 | 3,690,610 | −897,441 | -0.1 | 61% |
In its most recent public year (2023), this organization spent $897,441 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months). Staff pay was 61% 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
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