Nazareth Home Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 25,575,539 | 27,392,845 | −1,817,306 | 0.6 | 56% |
| 2021 | 29,524,767 | 27,633,613 | 1,891,154 | 1.4 | 52% |
| 2022 | 30,684,618 | 29,565,043 | 1,119,575 | 1.7 | 53% |
| 2023 | 35,068,920 | 32,812,798 | 2,256,122 | 2.4 | 53% |
In its most recent public year (2023), this organization brought in $2,256,122 more than it spent. Its reserves stood at about 2.4 months of spending, up from 0.6 in 2020. Staff pay was 53% of spending. $580,180 of its net assets are donor-restricted.
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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