Kings Care
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 586,714 | 637,225 | −50,511 | -1.4 | 52% |
| 2021 | 580,705 | 613,090 | −32,385 | -2.0 | 60% |
| 2022 | 680,106 | 688,592 | −8,486 | -2.0 | 62% |
| 2023 | 717,928 | 717,799 | 129 | -1.9 | 54% |
In its most recent public year (2023), this organization brought in $129 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months). Staff pay was 54% 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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