Lorain County Free Clinic Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,314,292 | 1,298,890 | 15,402 | 7.3 | 19% |
| 2021 | 1,846,790 | 1,104,434 | 742,356 | 16.7 | 22% |
| 2022 | 962,209 | 998,789 | −36,580 | 16.3 | 24% |
| 2023 | 973,134 | 1,041,454 | −68,320 | 16.2 | 24% |
In its most recent public year (2023), this organization spent $68,320 more than it brought in. Its reserves stood at about 16.2 months of spending, up from 7.3 in 2020. Staff pay was 24% 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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