I Care Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 40,768 | 33,138 | 7,630 | 14.0 | — |
| 2022 | 34,296 | 34,837 | −541 | 13.1 | — |
| 2023 | 39,301 | 60,958 | −21,657 | 3.2 | — |
| 2024 | 47,776 | 48,110 | −334 | 4.0 | — |
In its most recent public year (2024), this organization spent $334 more than it brought in. Its reserves stood at about 4 months of spending, down from 14 in 2021.
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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