Soup Or Socks Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 244,934 | 148,032 | 96,902 | 12.8 | 39% |
| 2021 | 217,086 | 149,034 | 68,052 | 19.1 | 45% |
| 2022 | 180,547 | 155,773 | 24,774 | 20.2 | — |
| 2023 | 167,691 | 200,309 | −32,618 | 13.7 | — |
In its most recent public year (2023), this organization spent $32,618 more than it brought in. Its reserves stood at about 13.7 months 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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