Claiborne Voluntary Council On The Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 420,531 | 346,551 | 73,980 | 6.7 | 0% |
| 2021 | 478,608 | 362,609 | 115,999 | 10.2 | 38% |
| 2022 | 469,551 | 436,962 | 32,589 | 9.4 | 35% |
| 2023 | 463,987 | 429,863 | 34,124 | 10.5 | 38% |
In its most recent public year (2023), this organization brought in $34,124 more than it spent. Its reserves stood at about 10.5 months of spending, up from 6.7 in 2020. Staff pay was 38% of spending. $85,640 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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