Shalshelet Seminary Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 127,463 | 62,348 | 65,115 | 12.5 | — |
| 2021 | 428,449 | 234,292 | 194,157 | 13.3 | 54% |
| 2022 | 596,580 | 560,366 | 36,214 | 6.3 | 33% |
| 2023 | 626,108 | 601,692 | 24,416 | 6.4 | 37% |
In its most recent public year (2023), this organization brought in $24,416 more than it spent. Its reserves stood at about 6.4 months of spending, down from 12.5 in 2020. Staff pay was 37% 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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