Wells Of Joy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 77,895 | 78,861 | −966 | 7.2 | — |
| 2020 | 74,926 | 84,918 | −9,992 | 5.3 | — |
| 2021 | 58,364 | 49,435 | 8,929 | 11.2 | — |
| 2022 | 68,225 | 71,187 | −2,962 | 7.3 | — |
| 2023 | 77,462 | 73,865 | 3,597 | 7.6 | — |
In its most recent public year (2023), this organization brought in $3,597 more than it spent. Its reserves stood at about 7.6 months 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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