Milligan Water Supply Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 584,311 | 563,374 | 20,937 | 20.6 | 24% |
| 2012 | 577,216 | 600,086 | −22,870 | 18.7 | 25% |
| 2013 | 741,059 | 663,028 | 78,031 | 18.3 | 24% |
| 2014 | 801,870 | 790,855 | 11,015 | 15.5 | 17% |
| 2015 | 701,679 | 661,088 | 40,591 | 19.3 | 20% |
| 2016 | 739,437 | 815,855 | −76,418 | 14.5 | 19% |
| 2017 | 767,958 | 992,664 | −224,706 | 9.2 | 18% |
| 2018 | 835,017 | 871,780 | −36,763 | 10.0 | 26% |
| 2019 | 854,174 | 931,687 | −77,513 | 8.4 | 26% |
| 2020 | 909,602 | 907,245 | 2,357 | 8.6 | 26% |
| 2021 | 939,469 | 985,920 | −46,451 | 7.4 | 25% |
| 2022 | 4,045,048 | 1,235,947 | 2,809,101 | 33.2 | 27% |
| 2023 | 2,661,353 | 1,537,767 | 1,123,586 | 35.5 | 33% |
In its most recent public year (2023), this organization brought in $1,123,586 more than it spent. Its reserves stood at about 35.5 months of spending, up from 20.6 in 2011. Staff pay was 33% of spending. $3,783,402 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
Milligan Water Supply Corporation'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