Police Mutual Benevolent Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 74,779 | 80,621 | −5,842 | 113.3 | 15% |
| 2021 | 67,325 | 80,819 | −13,494 | 111.0 | 16% |
| 2022 | 60,372 | 92,489 | −32,117 | 92.8 | 16% |
In its most recent public year (2022), this organization spent $32,117 more than it brought in. Its reserves stood at about 92.8 months of spending, down from 113.3 in 2020. Staff pay was 16% 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 2022. 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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