Kings County Ecomomic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 687,415 | 365,435 | 321,980 | 136.0 | 11% |
| 2012 | 888,325 | 378,492 | 509,833 | 147.5 | 10% |
| 2013 | 499,205 | 426,874 | 72,331 | 132.8 | 9% |
| 2014 | 1,021,394 | 479,218 | 542,176 | 131.9 | 8% |
| 2015 | 924,667 | 440,742 | 483,925 | 156.6 | 10% |
| 2016 | 407,312 | 341,995 | 65,317 | 204.1 | 15% |
| 2017 | 424,022 | 298,784 | 125,238 | 238.6 | 13% |
| 2018 | 672,622 | 314,733 | 357,889 | 240.2 | 16% |
| 2019 | 431,229 | 344,721 | 86,508 | 222.3 | 16% |
| 2020 | 469,279 | 366,469 | 102,810 | 212.5 | 11% |
| 2021 | 386,972 | 247,122 | 139,850 | 321.9 | 16% |
| 2022 | 404,777 | 213,400 | 191,377 | 383.5 | 20% |
| 2023 | 368,011 | 266,014 | 101,997 | 312.2 | 17% |
In its most recent public year (2023), this organization brought in $101,997 more than it spent. Its reserves stood at about 312.2 months of spending, up from 136 in 2011. Staff pay was 17% of spending. $5,893,769 of its net assets are donor-restricted.
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
Kings County Ecomomic Development Corp'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