Greater St Petersburg Area Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 416,445 | 136,352 | 280,093 | 24.7 | 17% |
| 2017 | 482,375 | 392,024 | 90,351 | 11.3 | 54% |
| 2018 | 472,250 | 421,049 | 51,201 | 12.0 | 55% |
| 2019 | 546,293 | 506,206 | 40,087 | 10.9 | 54% |
| 2020 | 487,250 | 470,926 | 16,324 | 12.2 | 71% |
| 2021 | 643,543 | 525,376 | 118,167 | 13.6 | 54% |
| 2022 | 713,709 | 730,198 | −16,489 | 9.5 | 50% |
| 2023 | 642,916 | 646,520 | −3,604 | 10.7 | 49% |
In its most recent public year (2023), this organization spent $3,604 more than it brought in. Its reserves stood at about 10.7 months of spending, down from 24.7 in 2016. Staff pay was 49% 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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