Fund For The Aged Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,881,632 | 7,680,771 | −3,799,139 | 119.7 | 12% |
| 2012 | 10,959,204 | 7,964,094 | 2,995,110 | 128.5 | 14% |
| 2013 | 13,731,674 | 16,148,733 | −2,417,059 | 66.5 | 9% |
| 2014 | 12,032,484 | 17,930,784 | −5,898,300 | 57.7 | 9% |
| 2015 | 11,580,097 | 13,766,270 | −2,186,173 | 68.0 | 12% |
| 2016 | 7,366,391 | 7,675,281 | −308,890 | 205.6 | 17% |
| 2017 | 9,132,833 | 14,991,183 | −5,858,350 | 104.3 | 9% |
| 2018 | 8,729,547 | 15,352,778 | −6,623,231 | 93.5 | 14% |
| 2019 | 8,799,825 | 26,477,972 | −17,678,147 | 48.3 | 4% |
| 2020 | 8,972,478 | 12,535,556 | −3,563,078 | 103.0 | 9% |
| 2021 | 9,285,685 | 6,222,986 | 3,062,699 | 215.6 | 14% |
| 2022 | 5,125,717 | 9,688,721 | −4,563,004 | 119.3 | 7% |
| 2023 | 5,964,288 | 11,013,128 | −5,048,840 | 102.6 | 7% |
In its most recent public year (2023), this organization spent $5,048,840 more than it brought in. Its reserves stood at about 102.6 months of spending, down from 119.7 in 2011. Staff pay was 7% of spending. $39,304,747 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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