Peninsula Light Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 63,945,566 | 58,963,868 | 4,981,698 | 32.3 | 4% |
| 2021 | 64,241,054 | 57,230,914 | 7,010,140 | 34.5 | 5% |
| 2022 | 66,134,735 | 60,294,937 | 5,839,798 | 33.9 | 5% |
| 2023 | 66,185,127 | 58,898,606 | 7,286,521 | 36.0 | 12% |
In its most recent public year (2023), this organization brought in $7,286,521 more than it spent. Its reserves stood at about 36 months of spending, up from 32.3 in 2020. 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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