Retirement Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 119,626 | 142,467 | −22,841 | 18.3 | 9% |
| 2021 | 123,304 | 126,537 | −3,233 | 20.3 | 9% |
| 2022 | 128,246 | 124,303 | 3,943 | 21.0 | 10% |
| 2023 | 145,827 | 134,544 | 11,283 | 20.4 | 12% |
In its most recent public year (2023), this organization brought in $11,283 more than it spent. Its reserves stood at about 20.4 months of spending, up from 18.3 in 2020. Staff pay was 12% 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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