Life Eldercare Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 846,271 | 895,735 | −49,464 | 8.4 | 66% |
| 2012 | 996,081 | 995,175 | 906 | 7.6 | 59% |
| 2013 | 804,584 | 863,362 | −58,778 | 8.0 | 53% |
| 2014 | 838,507 | 822,233 | 16,274 | 8.6 | 53% |
| 2015 | 1,023,757 | 838,981 | 184,776 | 11.1 | 50% |
| 2016 | 1,074,155 | 902,752 | 171,403 | 12.6 | 57% |
| 2017 | 1,638,008 | 1,098,981 | 539,027 | 16.2 | 55% |
| 2018 | 1,626,769 | 1,333,544 | 293,225 | 16.0 | 54% |
| 2019 | 1,581,385 | 1,634,060 | −52,675 | 12.7 | 60% |
| 2020 | 2,519,392 | 1,938,004 | 581,388 | 14.3 | 60% |
| 2021 | 5,488,553 | 3,782,158 | 1,706,395 | 12.7 | 31% |
| 2022 | 3,876,795 | 3,450,074 | 426,721 | 15.4 | 35% |
| 2023 | 3,269,312 | 3,429,991 | −160,679 | 15.0 | 36% |
| 2024 | 506,607 | 4,538,966 | −4,032,359 | 0.0 | 16% |
In its most recent public year (2024), this organization spent $4,032,359 more than it brought in. Its reserves stood at about 0 months of spending, down from 8.4 in 2011. Staff pay was 16% 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 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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