Home Care Alliance Of Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,135,473 | 1,177,642 | −42,169 | 10.8 | 64% |
| 2021 | 960,150 | 1,164,897 | −204,747 | 12.7 | 67% |
| 2022 | 1,245,217 | 1,189,151 | 56,066 | 10.7 | 64% |
| 2023 | 1,154,948 | 1,248,773 | −93,825 | 10.4 | 63% |
In its most recent public year (2023), this organization spent $93,825 more than it brought in. Its reserves stood at about 10.4 months of spending. Staff pay was 63% 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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