Ihc Hospice Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 697,788 | 1,286,065 | −588,277 | 0.1 | 18% |
| 2021 | 591,258 | 548,841 | 42,417 | 1.1 | 30% |
| 2022 | 411,299 | 493,329 | −82,030 | -0.7 | 52% |
In its most recent public year (2022), this organization spent $82,030 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months). Staff pay was 52% 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 2022. 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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