Richmond Labor And Love Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 209,973 | 208,450 | 1,523 | 78.9 | 2% |
| 2012 | 77,000 | 72,500 | 4,500 | 421.5 | 0% |
| 2013 | 198,116 | 195,182 | 2,934 | 222.5 | 0% |
| 2014 | 14,800 | 181,935 | −167,135 | 270.4 | 0% |
| 2015 | 212,414 | 207,803 | 4,611 | 259.4 | 0% |
| 2017 | 267,160 | 254,650 | 12,510 | 174.2 | 0% |
| 2018 | 305,771 | 301,646 | 4,125 | 179.1 | 8% |
| 2019 | 296,979 | 281,823 | 15,156 | 179.0 | 0% |
| 2020 | 341,191 | 328,528 | 12,663 | 190.5 | 0% |
| 2021 | 378,924 | 366,534 | 12,390 | 178.6 | 0% |
| 2023 | 2,762,805 | 931,281 | 1,831,524 | 19.4 | 12% |
In its most recent public year (2023), this organization brought in $1,831,524 more than it spent. Its reserves stood at about 19.4 months of spending, down from 78.9 in 2010. Staff pay was 12% 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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