Love Inc Of Greater Hammond
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 59,117 | 46,080 | 13,037 | 44.1 | — |
| 2019 | 52,969 | 46,282 | 6,687 | 45.6 | — |
| 2020 | 53,851 | 50,955 | 2,896 | 42.1 | — |
| 2021 | 53,879 | 55,099 | −1,220 | 38.7 | 56% |
| 2022 | 55,538 | 47,895 | 7,643 | 46.4 | 48% |
| 2023 | 76,093 | 57,592 | 18,501 | 42.4 | 58% |
In its most recent public year (2023), this organization brought in $18,501 more than it spent. Its reserves stood at about 42.4 months of spending, down from 44.1 in 2018. Staff pay was 58% 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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