Familyaid Boston Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 13,030,959 | 13,622,153 | −591,194 | 9.0 | 34% |
| 2022 | 14,637,192 | 15,207,730 | −570,538 | 7.1 | 37% |
| 2023 | 18,348,949 | 18,482,563 | −133,614 | 6.0 | 38% |
| 2024 | 24,240,925 | 20,935,365 | 3,305,560 | 6.8 | 38% |
In its most recent public year (2024), this organization brought in $3,305,560 more than it spent. Its reserves stood at about 6.8 months of spending, down from 9 in 2021. Staff pay was 38% of spending. $7,051,671 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 2024. 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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