Danish Old Peoples Home Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,166,924 | 3,575,187 | −408,263 | 25.6 | 9% |
| 2021 | 3,905,710 | 3,513,851 | 391,859 | 30.8 | 9% |
| 2022 | 3,539,739 | 3,775,839 | −236,100 | 24.3 | 52% |
| 2023 | 4,079,006 | 4,370,578 | −291,572 | 20.7 | 53% |
In its most recent public year (2023), this organization spent $291,572 more than it brought in. Its reserves stood at about 20.7 months of spending, down from 25.6 in 2020. Staff pay was 53% of spending. $4,938,101 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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