Well Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 304,968 | 64,384 | 240,584 | 44.8 | 45% |
| 2017 | 699,114 | 374,761 | 324,353 | 18.1 | 42% |
| 2018 | 986,916 | 645,669 | 341,247 | 16.8 | 42% |
| 2019 | 2,431,223 | 833,514 | 1,597,709 | 36.0 | 51% |
| 2020 | 2,106,150 | 1,091,824 | 1,014,326 | 34.3 | 49% |
| 2021 | 2,628,368 | 1,334,829 | 1,293,539 | 39.7 | 43% |
| 2022 | 2,471,563 | 1,768,775 | 702,788 | 34.7 | 38% |
| 2023 | 5,122,965 | 2,516,395 | 2,606,570 | 36.8 | 35% |
In its most recent public year (2023), this organization brought in $2,606,570 more than it spent. Its reserves stood at about 36.8 months of spending, down from 44.8 in 2016. Staff pay was 35% of spending. $2,835,791 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
Well Community Development 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