We Are Cherished Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 535,765 | 555,530 | −19,765 | 5.9 | 53% |
| 2021 | 372,281 | 470,483 | −98,202 | 4.4 | 60% |
| 2022 | 340,317 | 353,846 | −13,529 | 5.4 | 59% |
| 2023 | 245,822 | 205,608 | 40,214 | 11.7 | 61% |
In its most recent public year (2023), this organization brought in $40,214 more than it spent. Its reserves stood at about 11.7 months of spending, up from 5.9 in 2020. Staff pay was 61% 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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