New Bedford Jewish Convalescent Home Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,153,871 | 9,513,857 | 640,014 | 8.7 | 54% |
| 2021 | 9,275,124 | 9,680,350 | −405,226 | 8.3 | 48% |
| 2022 | 8,179,046 | 9,762,273 | −1,583,227 | 6.1 | 45% |
| 2023 | 9,277,057 | 9,930,877 | −653,820 | 5.4 | 48% |
In its most recent public year (2023), this organization spent $653,820 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 8.7 in 2020. Staff pay was 48% of spending. $153,925 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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