Love Inc Of South Bay
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 125,932 | 108,101 | 17,831 | 9.7 | 41% |
| 2012 | 113,815 | 149,631 | −35,816 | 4.1 | 45% |
| 2013 | 128,027 | 140,029 | −12,002 | 3.4 | 48% |
| 2014 | 109,871 | 116,703 | −6,832 | 3.3 | 44% |
| 2015 | 120,824 | 120,538 | 286 | 3.2 | 52% |
| 2016 | 149,838 | 136,341 | 13,497 | 4.1 | 49% |
| 2017 | 129,307 | 123,689 | 5,618 | 5.0 | 51% |
| 2018 | 153,010 | 132,117 | 20,893 | 6.6 | 56% |
| 2019 | 129,977 | 128,955 | 1,022 | 5.3 | 57% |
| 2020 | 178,607 | 128,461 | 50,146 | 10.0 | 51% |
| 2021 | 97,062 | 90,566 | 6,496 | 15.0 | 51% |
| 2022 | 112,098 | 89,845 | 22,253 | 18.1 | 51% |
| 2023 | 89,495 | 120,926 | −31,431 | 10.3 | 40% |
In its most recent public year (2023), this organization spent $31,431 more than it brought in. Its reserves stood at about 10.3 months of spending. Staff pay was 40% 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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