Shoes For The Homeless Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 131,518 | 112,931 | 18,587 | 3.4 | — |
| 2014 | 92,340 | 112,214 | −19,874 | 1.3 | — |
| 2015 | 93,580 | 90,160 | 3,420 | 2.1 | — |
| 2016 | 211,621 | 206,847 | 4,774 | 1.2 | 0% |
| 2017 | 385,235 | 387,457 | −2,222 | 0.6 | 0% |
| 2018 | 274,974 | 268,219 | 6,755 | 1.1 | 0% |
| 2019 | 237,191 | 217,460 | 19,731 | 2.5 | 0% |
| 2020 | 275,858 | 267,137 | 8,721 | 2.4 | 0% |
| 2021 | 455,113 | 443,666 | 11,447 | 1.8 | 0% |
| 2022 | 290,214 | 292,934 | −2,720 | 2.5 | 1% |
| 2023 | 275,053 | 279,515 | −4,462 | 2.5 | 6% |
In its most recent public year (2023), this organization spent $4,462 more than it brought in. Its reserves stood at about 2.5 months of spending. Staff pay was 6% 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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