Homes Of Care Iii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 566,251 | 38,540 | 527,711 | 164.8 | 2% |
| 2012 | 60,539 | 58,180 | 2,359 | 109.7 | 9% |
| 2013 | 40,508 | 50,379 | −9,871 | 124.3 | 7% |
| 2014 | 37,573 | 44,088 | −6,515 | 140.2 | 8% |
| 2015 | 59,097 | 62,087 | −2,990 | 99.0 | 8% |
| 2016 | 45,015 | 63,342 | −18,327 | 93.6 | 8% |
| 2017 | 45,027 | 64,399 | −19,372 | 88.4 | 7% |
| 2018 | 45,018 | 58,132 | −13,114 | 95.3 | 8% |
| 2019 | 44,898 | 61,603 | −16,705 | 86.6 | 7% |
| 2020 | 43,278 | 62,424 | −19,146 | 81.8 | 5% |
| 2021 | 47,542 | 65,397 | −17,855 | 74.8 | 5% |
| 2022 | 47,018 | 93,441 | −46,423 | 46.4 | 4% |
| 2023 | 48,644 | 70,591 | −21,947 | 57.7 | 6% |
In its most recent public year (2023), this organization spent $21,947 more than it brought in. Its reserves stood at about 57.7 months of spending, down from 164.8 in 2011. Staff pay was 6% of spending. $614,400 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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