Platinum Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 703,193 | 698,213 | 4,980 | 3.4 | 54% |
| 2021 | 950,513 | 852,658 | 97,855 | 4.2 | 34% |
| 2022 | 1,049,315 | 942,769 | 106,546 | 5.1 | 58% |
| 2023 | 1,238,180 | 1,073,510 | 164,670 | 6.3 | 58% |
In its most recent public year (2023), this organization brought in $164,670 more than it spent. Its reserves stood at about 6.3 months of spending, up from 3.4 in 2020. Staff pay was 58% 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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