Group Homes For Children Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 162,331 | 382,655 | −220,324 | 19.2 | 64% |
| 2012 | 167,354 | 373,941 | −206,587 | 13.9 | 64% |
| 2013 | 203,587 | 342,805 | −139,218 | 12.1 | 66% |
| 2014 | 326,991 | 336,216 | −9,225 | 12.2 | 65% |
| 2015 | 333,756 | 349,198 | −15,442 | 11.0 | 62% |
| 2016 | 406,235 | 355,393 | 50,842 | 13.1 | 62% |
| 2017 | 338,420 | 355,397 | −16,977 | 13.2 | 65% |
| 2018 | 243,515 | 357,151 | −113,636 | 8.6 | 63% |
| 2019 | 275,231 | 356,994 | −81,763 | 6.5 | 63% |
| 2020 | 268,867 | 332,904 | −64,037 | 4.8 | 67% |
| 2022 | 483,441 | 421,974 | 61,467 | 10.9 | 60% |
| 2023 | 604,637 | 456,930 | 147,707 | 14.0 | 61% |
In its most recent public year (2023), this organization brought in $147,707 more than it spent. Its reserves stood at about 14 months of spending, down from 19.2 in 2011. Staff pay was 61% of spending. $14,807 of its net assets are donor-restricted.
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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