The Farrar Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,282,636 | 1,246,597 | 36,039 | 13.9 | 63% |
| 2021 | 1,323,774 | 1,370,479 | −46,705 | 12.6 | 64% |
| 2022 | 1,361,993 | 1,446,841 | −84,848 | 10.7 | 64% |
| 2023 | 1,418,205 | 1,441,927 | −23,722 | 10.5 | 65% |
In its most recent public year (2023), this organization spent $23,722 more than it brought in. Its reserves stood at about 10.5 months of spending, down from 13.9 in 2020. Staff pay was 65% 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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