Chicares Assisted Living Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 490,820 | 488,977 | 1,843 | 7.7 | 50% |
| 2021 | 609,074 | 641,263 | −32,189 | 5.3 | 56% |
| 2022 | 581,627 | 697,962 | −116,335 | 2.9 | 55% |
| 2023 | 387,771 | 484,591 | −96,820 | 1.7 | 60% |
In its most recent public year (2023), this organization spent $96,820 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 7.7 in 2020. Staff pay was 60% 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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