Maine Childrens Home For Little Wanderers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,486,113 | 2,256,180 | 229,933 | 48.5 | 59% |
| 2021 | 2,193,841 | 2,053,179 | 140,662 | 59.1 | 59% |
| 2022 | 1,898,019 | 2,246,034 | −348,015 | 45.6 | 60% |
| 2023 | 1,858,492 | 2,457,778 | −599,286 | 41.2 | 60% |
In its most recent public year (2023), this organization spent $599,286 more than it brought in. Its reserves stood at about 41.2 months of spending, down from 48.5 in 2020. Staff pay was 60% of spending. $4,897,455 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
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