Quincy Point Congregational Church Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,337,954 | 681,982 | 655,972 | 1409.5 | 55% |
| 2021 | 3,401,852 | 3,188,750 | 213,102 | 342.4 | 16% |
| 2022 | 2,648,648 | 629,980 | 2,018,668 | 1615.6 | 78% |
| 2023 | 1,739,818 | 1,231,669 | 508,149 | 866.5 | 18% |
In its most recent public year (2023), this organization brought in $508,149 more than it spent. Its reserves stood at about 866.5 months of spending, down from 1409.5 in 2020. Staff pay was 18% 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
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