Caring Hands Healthcare Centers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 5,180,677 | 4,879,157 | 301,520 | 3.2 | 59% |
| 2020 | 6,445,272 | 5,717,135 | 728,137 | 4.2 | 59% |
| 2021 | 8,837,151 | 8,038,323 | 798,828 | 4.2 | 60% |
| 2022 | 13,202,908 | 10,303,915 | 2,898,993 | 6.7 | 55% |
| 2023 | 17,068,359 | 13,326,763 | 3,741,596 | 8.5 | 47% |
In its most recent public year (2023), this organization brought in $3,741,596 more than it spent. Its reserves stood at about 8.5 months of spending, up from 3.2 in 2019. Staff pay was 47% 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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