Magdalene House Of Charleston
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,768 | 22,149 | 1,619 | 0.7 | — |
| 2012 | 45,849 | 37,972 | 7,877 | 2.9 | 0% |
| 2013 | 47,109 | 54,306 | −7,197 | 0.5 | 44% |
| 2015 | 29,997 | 13,594 | 16,403 | 15.1 | 29% |
| 2016 | 50,031 | 24,171 | 25,860 | 26.9 | 0% |
| 2017 | 54,358 | 39,607 | 14,751 | 3.0 | 0% |
| 2018 | 77,522 | 90,167 | −12,645 | 0.9 | 0% |
| 2019 | 113,335 | 99,349 | 13,986 | 2.5 | 0% |
| 2020 | 62,515 | 73,168 | −10,653 | 1.8 | 0% |
| 2021 | 134,662 | 90,110 | 44,552 | 7.4 | — |
| 2022 | 148,502 | 102,832 | 45,670 | 11.8 | — |
| 2023 | 116,160 | 134,354 | −18,194 | 7.4 | — |
In its most recent public year (2023), this organization spent $18,194 more than it brought in. Its reserves stood at about 7.4 months of spending, up from 0.7 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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