Wishes Can Happen Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 262,266 | 215,454 | 46,812 | 54.3 | 11% |
| 2021 | 496,205 | 353,216 | 142,989 | 37.0 | 7% |
| 2022 | 325,282 | 637,398 | −312,116 | 11.9 | 4% |
| 2023 | 388,722 | 602,341 | −213,619 | 9.0 | 5% |
In its most recent public year (2023), this organization spent $213,619 more than it brought in. Its reserves stood at about 9 months of spending, down from 54.3 in 2020. Staff pay was 5% 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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