Loving Hands Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,813 | 79,119 | −8,306 | -0.6 | 59% |
| 2012 | 4,769 | 4,956 | −187 | -10.3 | — |
| 2014 | 29,744 | 18,560 | 11,184 | 8.5 | — |
| 2015 | 18,674 | 28,305 | −9,631 | 1.5 | — |
| 2019 | 64,847 | 66,924 | −2,077 | 0.3 | — |
| 2020 | 57,168 | 58,991 | −1,823 | -0.1 | — |
| 2021 | 171,827 | 132,139 | 39,688 | 3.6 | — |
| 2022 | 94,646 | 119,893 | −25,247 | 1.4 | — |
| 2023 | 104,726 | 108,727 | −4,001 | 1.1 | — |
In its most recent public year (2023), this organization spent $4,001 more than it brought in. Its reserves stood at about 1.1 months of spending, up from -0.6 in 2011.
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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