Cooperativa De Credito Cabo Rojo
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 10,962,812 | 9,151,642 | 1,811,170 | 74.1 | 22% |
| 2020 | 10,914,002 | 9,517,369 | 1,396,633 | 75.1 | 22% |
| 2021 | 13,105,590 | 10,821,405 | 2,284,185 | 79.5 | 22% |
| 2022 | 17,456,223 | 13,566,606 | 3,889,617 | 68.4 | 23% |
| 2023 | 22,910,793 | 17,311,095 | 5,599,698 | 58.4 | 26% |
In its most recent public year (2023), this organization brought in $5,599,698 more than it spent. Its reserves stood at about 58.4 months of spending, down from 74.1 in 2019. Staff pay was 26% 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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