Needymeds Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,112,231 | 4,086,816 | 25,415 | 1.0 | 1% |
| 2012 | 10,822,364 | 10,642,586 | 179,778 | 0.6 | 4% |
| 2013 | 1,278,814 | 1,334,853 | −56,039 | 4.1 | 34% |
| 2014 | 1,612,207 | 1,445,034 | 167,173 | 5.2 | 50% |
| 2015 | 1,821,197 | 1,773,812 | 47,385 | 4.5 | 40% |
| 2016 | 2,032,636 | 2,079,009 | −46,373 | 3.6 | 45% |
| 2017 | 2,247,263 | 2,041,396 | 205,867 | 4.9 | 50% |
| 2018 | 1,985,644 | 2,250,340 | −264,696 | 3.0 | 54% |
| 2019 | 2,104,641 | 2,077,363 | 27,278 | 3.4 | 56% |
| 2020 | 2,196,896 | 2,145,862 | 51,034 | 3.6 | 60% |
| 2021 | 2,079,796 | 2,021,634 | 58,162 | 4.2 | 67% |
| 2022 | 1,800,949 | 1,773,680 | 27,269 | 4.3 | 64% |
| 2023 | 1,727,574 | 1,670,773 | 56,801 | 5.0 | 64% |
In its most recent public year (2023), this organization brought in $56,801 more than it spent. Its reserves stood at about 5 months of spending, up from 1 in 2011. Staff pay was 64% 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
Needymeds Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works