Henry C Nevins Home Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 16,868,829 | 16,326,754 | 542,075 | 1.9 | 49% |
| 2021 | 16,796,843 | 15,914,333 | 882,510 | 2.6 | 51% |
| 2022 | 15,725,797 | 17,560,185 | −1,834,388 | 1.7 | 53% |
| 2023 | 18,529,175 | 20,487,108 | −1,957,933 | 0.3 | 51% |
In its most recent public year (2023), this organization spent $1,957,933 more than it brought in. Its reserves stood at about 0.3 months of spending, down from 1.9 in 2020. Staff pay was 51% 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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