Renovations For Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 99,633 | 94,472 | 5,161 | 0.7 | — |
| 2019 | 157,770 | 94,166 | 63,604 | 8.8 | — |
| 2020 | 162,413 | 116,219 | 46,194 | 11.9 | — |
| 2021 | 345,034 | 223,873 | 121,161 | 12.7 | 60% |
| 2022 | 251,704 | 357,199 | −105,495 | 4.4 | 50% |
| 2023 | 423,163 | 351,425 | 71,738 | 6.9 | 53% |
In its most recent public year (2023), this organization brought in $71,738 more than it spent. Its reserves stood at about 6.9 months of spending, up from 0.7 in 2018. Staff pay was 53% 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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