Hermitage Homes For Elderly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 44,685 | 60,473 | −15,788 | -18.7 | 0% |
| 2012 | 46,092 | 60,138 | −14,046 | -21.6 | 0% |
| 2013 | 50,597 | 62,520 | −11,923 | -23.1 | 0% |
| 2014 | 49,607 | 69,588 | −19,981 | -24.2 | 0% |
| 2015 | 57,528 | 65,176 | −7,648 | -27.2 | 0% |
| 2016 | 62,505 | 71,436 | −8,931 | -26.3 | 0% |
| 2017 | 62,459 | 74,068 | −11,609 | -27.3 | 0% |
| 2018 | 62,973 | 75,215 | −12,242 | -28.8 | 0% |
| 2019 | 63,929 | 74,930 | −11,001 | -30.7 | 0% |
| 2020 | 64,190 | 68,033 | −3,843 | -34.5 | 0% |
| 2021 | 63,760 | 68,162 | −4,402 | -35.2 | 0% |
| 2022 | 51,418 | 83,478 | −32,060 | -33.4 | 0% |
| 2023 | 55,787 | 78,787 | −23,000 | -38.8 | 0% |
In its most recent public year (2023), this organization spent $23,000 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-38.8 months), down from -18.7 in 2011. Staff pay was 0% 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
Hermitage Homes For Elderly Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works