Florence Home For The Aged
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,430,702 | 10,472,177 | −41,475 | 1.7 | 41% |
| 2012 | 10,224,029 | 10,075,013 | 149,016 | 1.7 | 41% |
| 2013 | 11,175,954 | 10,469,790 | 706,164 | 2.5 | 42% |
| 2014 | 11,054,272 | 11,019,065 | 35,207 | 2.4 | 40% |
| 2015 | 10,806,046 | 11,104,646 | −298,600 | 2.0 | 38% |
| 2016 | 11,499,255 | 11,190,409 | 308,846 | 2.3 | 40% |
| 2017 | 12,668,359 | 11,579,733 | 1,088,626 | 3.4 | 41% |
| 2018 | 11,757,815 | 11,289,211 | 468,604 | 3.8 | 43% |
| 2019 | 11,705,920 | 12,252,174 | −546,254 | 3.1 | 43% |
| 2020 | 13,940,596 | 13,168,910 | 771,686 | 3.6 | 43% |
| 2021 | 13,264,591 | 13,474,985 | −210,394 | 3.4 | 41% |
| 2022 | 13,402,920 | 13,441,598 | −38,678 | 3.1 | 43% |
| 2023 | 14,672,640 | 14,559,210 | 113,430 | 3.0 | 47% |
In its most recent public year (2023), this organization brought in $113,430 more than it spent. Its reserves stood at about 3 months of spending, up from 1.7 in 2011. Staff pay was 47% of spending. $885,419 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
Florence Home For The Aged'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