Westminster Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 337,460 | 298,878 | 38,582 | -5.2 | 0% |
| 2016 | 348,426 | 291,322 | 57,104 | -3.0 | 0% |
| 2017 | 346,870 | 304,601 | 42,269 | -1.2 | 0% |
| 2018 | 335,688 | 296,379 | 39,309 | 0.3 | 0% |
| 2019 | 356,473 | 296,045 | 60,428 | 2.8 | 0% |
| 2020 | 403,183 | 270,680 | 132,503 | 8.9 | 0% |
| 2021 | 370,204 | 328,677 | 41,527 | 8.9 | 0% |
| 2022 | 359,694 | 355,660 | 4,034 | 8.3 | 0% |
| 2023 | 370,513 | 291,983 | 78,530 | 13.4 | 0% |
In its most recent public year (2023), this organization brought in $78,530 more than it spent. Its reserves stood at about 13.4 months of spending, up from -5.2 in 2015. Staff pay was 0% 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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