New Jersey Health Care Quality Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,171,857 | 1,906,196 | 265,661 | 11.9 | 70% |
| 2022 | 1,794,339 | 1,798,573 | −4,234 | 12.3 | 64% |
| 2023 | 2,391,556 | 1,953,161 | 438,395 | 14.0 | 64% |
In its most recent public year (2023), this organization brought in $438,395 more than it spent. Its reserves stood at about 14 months of spending, up from 11.9 in 2021. Staff pay was 64% 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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