Howardcenter Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 114,052,170 | 108,146,594 | 5,905,576 | 2.8 | 55% |
| 2021 | 112,967,420 | 108,927,816 | 4,039,604 | 3.3 | 53% |
| 2022 | 120,604,813 | 117,192,988 | 3,411,825 | 3.4 | 53% |
| 2023 | 131,650,981 | 134,433,817 | −2,782,836 | 2.8 | 52% |
In its most recent public year (2023), this organization spent $2,782,836 more than it brought in. Its reserves stood at about 2.8 months of spending. Staff pay was 52% of spending. $1,303,088 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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