Homes Of Care I Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $50,314 | $50,891 | −$577 | 90.7 | 6% |
| 2021 | $51,278 | $55,375 | −$4,097 | 82.5 | 6% |
| 2022 | $51,226 | $67,624 | −$16,398 | 64.6 | 5% |
| 2023 | $7,947 | $71,304 | −$63,357 | 50.6 | 6% |
In its most recent public year (2023), this organization spent $63,357 more than it brought in. Its reserves stood at about 50.6 months of spending, down from 90.7 in 2020. Staff pay was 6% of spending. $515,500 of its net assets are donor-restricted.
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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