Kitsap Residences
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,868,012 | 1,866,622 | 1,390 | 1.5 | 0% |
| 2013 | 2,070,428 | 2,066,438 | 3,990 | 2.4 | 0% |
| 2014 | 2,206,590 | 2,203,497 | 3,093 | 2.3 | 74% |
| 2015 | 2,458,709 | 2,456,517 | 2,192 | 2.5 | 76% |
| 2016 | 3,016,770 | 3,014,735 | 2,035 | 2.9 | 68% |
| 2017 | 2,995,864 | 2,994,105 | 1,759 | 2.9 | 73% |
| 2018 | 3,046,349 | 3,045,330 | 1,019 | 3.0 | 73% |
| 2019 | 2,898,611 | 2,895,392 | 3,219 | 3.8 | 75% |
| 2020 | 2,898,611 | 2,895,392 | 3,219 | 3.8 | 75% |
| 2021 | 3,557,109 | 3,547,829 | 9,280 | 3.1 | 75% |
| 2023 | 3,822,809 | 3,817,413 | 5,396 | 4.5 | 71% |
| 2024 | 4,224,418 | 4,220,678 | 3,740 | 3.4 | 82% |
In its most recent public year (2024), this organization brought in $3,740 more than it spent. Its reserves stood at about 3.4 months of spending, up from 1.5 in 2012. Staff pay was 82% 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 2024. 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
Kitsap Residences's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works