Witham Aero Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 137,149 | 73,724 | 63,425 | 10.3 | — |
| 2019 | 92,185 | 78,602 | 13,583 | 11.8 | — |
| 2020 | 130,452 | 75,691 | 54,761 | 20.9 | — |
| 2021 | 93,508 | 85,699 | 7,809 | 19.5 | — |
| 2022 | 109,349 | 93,623 | 15,726 | 19.9 | — |
| 2023 | 137,848 | 106,949 | 30,899 | 20.9 | — |
In its most recent public year (2023), this organization brought in $30,899 more than it spent. Its reserves stood at about 20.9 months of spending, up from 10.3 in 2018.
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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