Love Inc Of Brevard Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 879,530 | 870,757 | 8,773 | 2.9 | 32% |
| 2021 | 1,265,908 | 1,128,851 | 137,057 | 3.7 | 33% |
| 2022 | 1,414,697 | 1,484,017 | −69,320 | 2.4 | 34% |
| 2023 | 1,849,771 | 1,697,481 | 152,290 | 3.2 | 34% |
In its most recent public year (2023), this organization brought in $152,290 more than it spent. Its reserves stood at about 3.2 months of spending. Staff pay was 34% of spending. $183,594 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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