Hoquiam Food And Clothing Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 374,063 | 388,902 | −14,839 | 6.9 | 0% |
| 2012 | 293,250 | 293,436 | −186 | 9.1 | 0% |
| 2013 | 314,460 | 338,986 | −24,526 | 7.0 | 0% |
| 2014 | 307,625 | 343,582 | −35,957 | 5.7 | 0% |
| 2015 | 217,875 | 288,540 | −70,665 | 3.8 | 0% |
| 2016 | 381,522 | 326,399 | 55,123 | 5.4 | 0% |
| 2017 | 291,266 | 301,648 | −10,382 | 5.4 | 0% |
| 2018 | 343,541 | 343,697 | −156 | 4.8 | 0% |
| 2019 | 389,005 | 386,147 | 2,858 | 4.3 | 0% |
| 2020 | 471,958 | 436,024 | 35,934 | 4.8 | 0% |
| 2021 | 529,273 | 422,670 | 106,603 | 8.0 | 0% |
| 2022 | 534,682 | 518,049 | 16,633 | 6.9 | 0% |
| 2023 | 602,389 | 579,300 | 23,089 | 6.7 | 2% |
In its most recent public year (2023), this organization brought in $23,089 more than it spent. Its reserves stood at about 6.7 months of spending. Staff pay was 2% 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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