Home For Aged Women In Salem
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,403,582 | 1,140,357 | 263,225 | 38.1 | 59% |
| 2016 | 1,247,868 | 1,289,297 | −41,429 | 34.5 | 61% |
| 2017 | 1,407,746 | 1,403,752 | 3,994 | 34.5 | 60% |
| 2018 | 1,709,122 | 1,437,985 | 271,137 | 32.7 | 56% |
| 2019 | 1,790,309 | 1,492,587 | 297,722 | 37.8 | 51% |
| 2020 | 1,843,167 | 1,652,928 | 190,239 | 37.8 | 59% |
| 2021 | 2,113,528 | 1,704,522 | 409,006 | 41.3 | 60% |
| 2022 | 2,439,409 | 1,890,444 | 548,965 | 34.6 | 60% |
| 2023 | 2,711,196 | 1,977,402 | 733,794 | 40.0 | 59% |
In its most recent public year (2023), this organization brought in $733,794 more than it spent. Its reserves stood at about 40 months of spending, up from 38.1 in 2015. Staff pay was 59% of spending. $27,279 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
Home For Aged Women In Salem's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works