Potomac Area Hostels
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 342,164 | 329,619 | 12,545 | 12.1 | 0% |
| 2021 | 1,921,438 | 63,137 | 1,858,301 | 416.3 | 24% |
| 2022 | 63,845 | 147,215 | −83,370 | 171.7 | 14% |
| 2023 | 116,548 | 159,506 | −42,958 | 155.3 | 17% |
In its most recent public year (2023), this organization spent $42,958 more than it brought in. Its reserves stood at about 155.3 months of spending, up from 12.1 in 2020. Staff pay was 17% 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
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