Methodist Home For The Aging
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,132,572 | 2,179,635 | −47,063 | -10.9 | 38% |
| 2021 | 1,803,336 | 2,134,332 | −330,996 | -13.8 | 37% |
| 2022 | 2,019,309 | 2,150,633 | −131,324 | -14.5 | 40% |
| 2023 | 2,240,192 | 2,556,078 | −315,886 | -13.7 | 38% |
In its most recent public year (2023), this organization spent $315,886 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.7 months), down from -10.9 in 2020. Staff pay was 38% 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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