Port Angeles Food Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,369,450 | 3,689,330 | 680,120 | 4.7 | 4% |
| 2021 | 3,399,926 | 2,910,076 | 489,850 | 8.0 | 7% |
| 2022 | 6,707,881 | 2,953,556 | 3,754,325 | 23.2 | 13% |
| 2023 | 4,291,704 | 4,237,977 | 53,727 | 16.3 | 14% |
In its most recent public year (2023), this organization brought in $53,727 more than it spent. Its reserves stood at about 16.3 months of spending, up from 4.7 in 2020. Staff pay was 14% 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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