Bangor Childrens Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 935,425 | 897,479 | 37,946 | 23.3 | 51% |
| 2022 | 959,641 | 1,047,635 | −87,994 | 18.9 | 59% |
| 2023 | 922,572 | 971,807 | −49,235 | 22.9 | 68% |
In its most recent public year (2023), this organization spent $49,235 more than it brought in. Its reserves stood at about 22.9 months of spending. Staff pay was 68% 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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