Patchworks House Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 295,721 | 285,721 | 10,000 | 8.1 | 72% |
| 2022 | 276,213 | 245,602 | 30,611 | 11.0 | 73% |
| 2023 | 217,132 | 240,988 | −23,856 | 10.0 | 69% |
| 2024 | 236,972 | 245,970 | −8,998 | 9.4 | 68% |
In its most recent public year (2024), this organization spent $8,998 more than it brought in. Its reserves stood at about 9.4 months of spending, up from 8.1 in 2021. Staff pay was 68% 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 2024. 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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