Open Arms Care Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,207 | 32,827 | 10,380 | 70.8 | — |
| 2012 | 46,343 | 76,365 | −30,022 | 25.7 | — |
| 2013 | 46,179 | 44,248 | 1,931 | 44.9 | — |
| 2014 | 77,242 | 59,636 | 17,606 | 36.8 | — |
| 2015 | 85,414 | 21,075 | 64,339 | 140.9 | — |
| 2016 | 86,248 | 51,769 | 34,479 | 65.3 | — |
| 2017 | 39,537 | 32,084 | 7,453 | 108.2 | — |
| 2018 | 30,233 | 10,000 | 20,233 | 371.5 | — |
| 2019 | 46,677 | 10,512 | 36,165 | 394.7 | — |
| 2020 | 59,106 | 6,937 | 52,169 | 688.3 | — |
| 2021 | 66,862 | 7,226 | 59,636 | 759.8 | — |
| 2022 | 90,304 | 7,074 | 83,230 | 917.3 | 0% |
| 2023 | 157,440 | 15,168 | 142,272 | 540.4 | 0% |
In its most recent public year (2023), this organization brought in $142,272 more than it spent. Its reserves stood at about 540.4 months of spending, up from 70.8 in 2011. Staff pay was 0% 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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