Hoosier Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 18,200,779 | 19,934,849 | −1,734,070 | -8.9 | 53% |
| 2021 | 26,652,992 | 28,233,651 | −1,580,659 | -4.5 | 33% |
| 2022 | 23,011,935 | 24,685,007 | −1,673,072 | -7.1 | 31% |
| 2023 | 23,995,635 | 26,203,503 | −2,207,868 | -7.7 | 33% |
In its most recent public year (2023), this organization spent $2,207,868 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.7 months), up from -8.9 in 2020. Staff pay was 33% 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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