San Carlos Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,373,010 | 5,675,016 | −302,006 | 1.1 | 33% |
| 2012 | 5,989,707 | 5,762,389 | 227,318 | 1.5 | 34% |
| 2013 | 6,823,958 | 6,057,585 | 766,373 | 3.0 | 34% |
| 2014 | 6,851,802 | 6,078,494 | 773,308 | 4.5 | 36% |
| 2015 | 6,754,828 | 5,717,226 | 1,037,602 | 6.9 | 40% |
| 2016 | 6,815,816 | 5,989,013 | 826,803 | 8.3 | 42% |
| 2017 | 7,011,263 | 6,193,447 | 817,816 | 9.6 | 44% |
| 2018 | 7,306,643 | 6,545,368 | 761,275 | 10.5 | 45% |
| 2019 | 7,556,628 | 6,967,462 | 589,166 | 10.8 | 48% |
| 2020 | 7,547,392 | 7,063,169 | 484,223 | 11.5 | 50% |
| 2021 | 7,865,627 | 7,295,931 | 569,696 | 12.1 | 49% |
| 2022 | 8,159,643 | 7,798,936 | 360,707 | 11.9 | 49% |
| 2023 | 8,912,318 | 8,079,825 | 832,493 | 12.7 | 51% |
In its most recent public year (2023), this organization brought in $832,493 more than it spent. Its reserves stood at about 12.7 months of spending, up from 1.1 in 2011. Staff pay was 51% 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
San Carlos Development Corporation'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