The Residency
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 273,922 | 89,162 | 184,760 | 24.9 | 28% |
| 2021 | 253,681 | 276,961 | −23,280 | 7.0 | 0% |
| 2022 | 584,028 | 447,175 | 136,853 | 8.0 | 52% |
| 2023 | 686,378 | 649,041 | 37,337 | 6.2 | 43% |
In its most recent public year (2023), this organization brought in $37,337 more than it spent. Its reserves stood at about 6.2 months of spending, down from 24.9 in 2020. Staff pay was 43% of spending. $10,835 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
The Residency'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