603 Legal Aid
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,225,640 | 1,236,762 | −11,122 | 5.9 | 60% |
| 2021 | 1,897,608 | 1,725,824 | 171,784 | 5.1 | 67% |
| 2022 | 2,028,805 | 2,076,203 | −47,398 | 4.0 | 66% |
| 2023 | 1,835,221 | 1,625,331 | 209,890 | 6.6 | 63% |
In its most recent public year (2023), this organization brought in $209,890 more than it spent. Its reserves stood at about 6.6 months of spending. Staff pay was 63% of spending. $21,585 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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