Pierce Mortuary Colleges Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,337,871 | 9,515,673 | 2,822,198 | 10.9 | 36% |
| 2021 | 16,634,477 | 12,285,711 | 4,348,766 | 12.7 | 39% |
| 2022 | 20,111,570 | 18,293,542 | 1,818,028 | 9.7 | 39% |
| 2023 | 19,743,766 | 20,952,968 | −1,209,202 | 7.8 | 41% |
In its most recent public year (2023), this organization spent $1,209,202 more than it brought in. Its reserves stood at about 7.8 months of spending, down from 10.9 in 2020. Staff pay was 41% 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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