Institute For Life & Care
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 394,759 | 408,802 | −14,043 | 0.8 | 61% |
| 2021 | 208,502 | 259,248 | −50,746 | -1.0 | 43% |
| 2022 | 198,154 | 202,352 | −4,198 | -1.3 | 52% |
| 2023 | 235,070 | 211,109 | 23,961 | 1.8 | 44% |
In its most recent public year (2023), this organization brought in $23,961 more than it spent. Its reserves stood at about 1.8 months of spending. Staff pay was 44% of spending. $5,000 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 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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