Yancey Water Supply Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,855,116 | 1,397,877 | 457,239 | 72.0 | 31% |
| 2012 | 1,812,238 | 1,589,377 | 222,861 | 69.2 | 29% |
| 2013 | 2,239,196 | 1,569,843 | 669,353 | 75.3 | 0% |
| 2014 | 2,335,433 | 1,744,032 | 591,401 | 73.3 | 30% |
| 2015 | 2,176,780 | 1,936,674 | 240,106 | 70.9 | 30% |
| 2016 | 2,265,927 | 2,043,566 | 222,361 | 68.5 | 30% |
| 2017 | 2,741,061 | 2,190,645 | 550,416 | 67.0 | 26% |
| 2018 | 3,573,471 | 2,190,705 | 1,382,766 | 74.6 | 27% |
| 2019 | 2,956,084 | 2,342,281 | 613,803 | 73.1 | 27% |
| 2020 | 4,446,231 | 2,942,609 | 1,503,622 | 64.5 | 22% |
| 2021 | 6,819,459 | 2,878,219 | 3,941,240 | 82.7 | 25% |
| 2022 | 7,876,576 | 3,750,916 | 4,125,660 | 76.8 | 21% |
| 2023 | 6,968,564 | 7,549,989 | −581,425 | 37.4 | 12% |
In its most recent public year (2023), this organization spent $581,425 more than it brought in. Its reserves stood at about 37.4 months of spending, down from 72 in 2011. Staff pay was 12% of spending. $136,029 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
Yancey Water Supply Corp'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