Paxton Street Home Benevolent Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 3,441,744 | 2,638,279 | 803,465 | 26.3 | 57% |
| 2022 | 3,038,559 | 2,813,623 | 224,936 | 23.2 | 58% |
| 2023 | 3,227,095 | 3,090,513 | 136,582 | 22.5 | 58% |
| 2024 | 3,232,562 | 3,165,615 | 66,947 | 23.2 | 60% |
In its most recent public year (2024), this organization brought in $66,947 more than it spent. Its reserves stood at about 23.2 months of spending, down from 26.3 in 2021. Staff pay was 60% of spending. $1,064,587 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 2024. 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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