Living Services Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,993,759 | 6,651,219 | 342,540 | -3.6 | 41% |
| 2021 | 6,646,276 | 6,563,182 | 83,094 | -6.7 | 53% |
| 2022 | 5,482,611 | 4,786,226 | 696,385 | -5.7 | 43% |
In its most recent public year (2022), this organization brought in $696,385 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.7 months), down from -3.6 in 2020. Staff pay was 43% 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 2022. 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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