West Gulf Maritime Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,050,275 | 4,896,243 | 154,032 | 5.8 | 30% |
| 2012 | 5,371,968 | 5,166,951 | 205,017 | 6.9 | 28% |
| 2013 | 5,390,941 | 4,991,083 | 399,858 | 8.3 | 31% |
| 2014 | 6,497,554 | 6,145,611 | 351,943 | 7.7 | 27% |
| 2015 | 6,897,962 | 6,317,205 | 580,757 | 7.6 | 29% |
| 2016 | 6,744,491 | 6,595,323 | 149,168 | 8.1 | 28% |
| 2017 | 7,008,202 | 6,436,271 | 571,931 | 9.9 | 30% |
| 2018 | 8,350,812 | 7,714,735 | 636,077 | 8.6 | 23% |
| 2019 | 8,185,098 | 7,352,775 | 832,323 | 10.4 | 25% |
| 2020 | 7,353,440 | 6,910,375 | 443,065 | 14.6 | 27% |
| 2021 | 10,778,910 | 10,631,074 | 147,836 | 10.2 | 20% |
| 2022 | 13,397,226 | 11,499,078 | 1,898,148 | 10.4 | 19% |
| 2023 | 14,549,314 | 13,052,901 | 1,496,413 | 11.1 | 20% |
In its most recent public year (2023), this organization brought in $1,496,413 more than it spent. Its reserves stood at about 11.1 months of spending, up from 5.8 in 2011. Staff pay was 20% 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
West Gulf Maritime Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works