Love Inc Of Western Suburbs Chicago
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 329,478 | 273,617 | 55,861 | 7.4 | 24% |
| 2021 | 297,366 | 294,840 | 2,526 | 7.0 | 28% |
| 2022 | 189,987 | 206,492 | −16,505 | 9.0 | 34% |
| 2023 | 197,797 | 194,735 | 3,062 | 9.7 | 32% |
In its most recent public year (2023), this organization brought in $3,062 more than it spent. Its reserves stood at about 9.7 months of spending, up from 7.4 in 2020. Staff pay was 32% of spending. $74,008 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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