Open Pantry Of Greater Lowell Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 284,341 | 145,094 | 139,247 | 15.1 | 30% |
| 2021 | 359,736 | 241,087 | 118,649 | 15.0 | 20% |
| 2022 | 167,220 | 182,009 | −14,789 | 18.9 | 34% |
| 2023 | 303,715 | 189,216 | 114,499 | 25.4 | 38% |
In its most recent public year (2023), this organization brought in $114,499 more than it spent. Its reserves stood at about 25.4 months of spending, up from 15.1 in 2020. Staff pay was 38% of spending. $8,168 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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