Hanover Area Food Shelf Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 258,181 | 137,295 | 120,886 | 34.3 | 8% |
| 2021 | 252,317 | 140,240 | 112,077 | 43.2 | 7% |
| 2022 | 234,921 | 232,424 | 2,497 | 26.2 | 4% |
| 2023 | 210,865 | 366,553 | −155,688 | 11.5 | 2% |
In its most recent public year (2023), this organization spent $155,688 more than it brought in. Its reserves stood at about 11.5 months of spending, down from 34.3 in 2020. Staff pay was 2% 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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