Services For The Aged Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 36,125,693 | 36,049,641 | 76,052 | 1.7 | 73% |
| 2021 | 32,148,609 | 32,624,836 | −476,227 | 1.7 | 73% |
| 2022 | 28,596,960 | 30,888,036 | −2,291,076 | 0.9 | 71% |
| 2023 | 31,529,053 | 32,481,250 | −952,197 | 0.5 | 71% |
In its most recent public year (2023), this organization spent $952,197 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 1.7 in 2020. Staff pay was 71% 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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