Ipswich Local News Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,558 | 5,055 | −2,497 | -5.9 | — |
| 2020 | 253,079 | 198,059 | 55,020 | 3.2 | 45% |
| 2021 | 424,985 | 299,518 | 125,467 | 7.2 | 59% |
| 2022 | 402,321 | 361,234 | 41,087 | 8.1 | 47% |
| 2023 | 480,015 | 472,585 | 7,430 | 6.4 | 59% |
In its most recent public year (2023), this organization brought in $7,430 more than it spent. Its reserves stood at about 6.4 months of spending, up from -5.9 in 2019. Staff pay was 59% 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
Ipswich Local News 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