The Cove
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 650,146 | 554,023 | 96,123 | 12.7 | 54% |
| 2012 | 564,128 | 564,182 | −54 | 12.4 | 54% |
| 2013 | 265,506 | 420,992 | −155,486 | 12.2 | 13% |
| 2014 | 365,351 | 211,543 | 153,808 | 34.0 | 18% |
| 2015 | 238,960 | 201,116 | 37,844 | 37.6 | 21% |
| 2016 | 214,831 | 188,430 | 26,401 | 42.4 | 21% |
| 2017 | 259,781 | 223,861 | 35,920 | 40.5 | 17% |
| 2018 | 297,749 | 287,143 | 10,606 | 31.8 | 13% |
| 2019 | 339,514 | 295,751 | 43,763 | 32.9 | 12% |
| 2020 | 859,500 | 362,294 | 497,206 | 43.3 | 12% |
| 2021 | 437,840 | 231,199 | 206,641 | 78.6 | 24% |
| 2022 | 310,549 | 246,228 | 64,321 | 72.9 | 22% |
| 2023 | 397,998 | 253,404 | 144,594 | 79.4 | 23% |
In its most recent public year (2023), this organization brought in $144,594 more than it spent. Its reserves stood at about 79.4 months of spending, up from 12.7 in 2011. Staff pay was 23% 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
The Cove's IRS filings as a feed — one entry per filing year, through 2023. 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