Cape May City Volunteer Fire Dept
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 105,465 | 130,392 | −24,927 | 9.6 | 9% |
| 2021 | 151,548 | 94,818 | 56,730 | 20.4 | 13% |
| 2022 | 129,534 | 124,687 | 4,847 | 16.0 | 11% |
| 2023 | 119,156 | 235,946 | −116,790 | 2.5 | 6% |
In its most recent public year (2023), this organization spent $116,790 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 9.6 in 2020. Staff pay was 6% 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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