Redemption Asheville Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 35,910 | 28,711 | 7,199 | 4.5 | — |
| 2021 | 54,596 | 53,801 | 795 | 2.6 | — |
| 2022 | 83,687 | 78,655 | 5,032 | 2.5 | — |
| 2023 | 78,885 | 93,072 | −14,187 | 0.3 | — |
In its most recent public year (2023), this organization spent $14,187 more than it brought in. Its reserves stood at about 0.3 months of spending, down from 4.5 in 2020.
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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