Wilmington Neighborhood Conservancy Land Bank Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3,728,136 | 552,352 | 3,175,784 | 70.2 | 17% |
| 2018 | 425,997 | 1,019,287 | −593,290 | 31.1 | 13% |
| 2019 | 838,231 | 2,055,040 | −1,216,809 | 8.3 | 12% |
| 2020 | 846,002 | 1,429,904 | −583,902 | 7.0 | 13% |
| 2021 | 1,875,774 | 2,107,202 | −231,428 | 3.5 | 9% |
| 2022 | 4,934,033 | 3,563,700 | 1,370,333 | 6.7 | 8% |
| 2023 | 4,388,675 | 4,278,461 | 110,214 | 6.5 | 7% |
In its most recent public year (2023), this organization brought in $110,214 more than it spent. Its reserves stood at about 6.5 months of spending, down from 70.2 in 2017. Staff pay was 7% of spending. $74,178 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
Wilmington Neighborhood Conservancy Land Bank 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