Minnesota Homecare Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 699,560 | 675,224 | 24,336 | 5.4 | 29% |
| 2011 | 661,072 | 625,597 | 35,475 | 5.0 | 32% |
| 2012 | 590,325 | 635,279 | −44,954 | 4.3 | 32% |
| 2013 | 678,725 | 602,277 | 76,448 | 6.3 | 32% |
| 2014 | 701,518 | 599,716 | 101,802 | 8.1 | 32% |
| 2015 | 780,921 | 700,695 | 80,226 | 7.9 | 32% |
| 2016 | 693,697 | 662,717 | 30,980 | 9.4 | 35% |
| 2017 | 745,526 | 674,592 | 70,934 | 11.0 | 38% |
| 2018 | 736,502 | 658,117 | 78,385 | 11.2 | 41% |
| 2019 | 736,111 | 729,764 | 6,347 | 11.6 | 42% |
| 2020 | 608,873 | 681,345 | −72,472 | 11.8 | 51% |
| 2021 | 588,926 | 660,921 | −71,995 | 11.6 | 50% |
| 2022 | 663,753 | 672,516 | −8,763 | 9.6 | 50% |
| 2023 | 686,291 | 687,637 | −1,346 | 10.2 | 52% |
In its most recent public year (2023), this organization spent $1,346 more than it brought in. Its reserves stood at about 10.2 months of spending, up from 5.4 in 2010. Staff pay was 52% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works