Handicare Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,157,021 | 1,133,129 | 23,892 | 5.4 | 71% |
| 2021 | 1,828,766 | 1,325,867 | 502,899 | 9.1 | 71% |
| 2022 | 2,031,641 | 1,580,096 | 451,545 | 11.0 | 69% |
| 2023 | 1,689,551 | 1,864,872 | −175,321 | 8.4 | 73% |
In its most recent public year (2023), this organization spent $175,321 more than it brought in. Its reserves stood at about 8.4 months of spending, up from 5.4 in 2020. Staff pay was 73% 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