Spencer Community Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 9,024 | 1,656 | 7,368 | 53.4 | — |
| 2020 | 2,915 | 5,422 | −2,507 | 10.8 | — |
| 2021 | 61,310 | 9,600 | 51,710 | 70.7 | — |
| 2022 | 56,900 | 22,986 | 33,914 | 47.2 | — |
| 2023 | 1,073,586 | 25,297 | 1,048,289 | 540.2 | 0% |
In its most recent public year (2023), this organization brought in $1,048,289 more than it spent. Its reserves stood at about 540.2 months of spending, up from 53.4 in 2019. Staff pay was 0% 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
Spencer Community Economic Development Inc'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