Norfolk Rescue Mission Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 658,444 | 527,978 | 130,466 | 63.9 | 69% |
| 2021 | 715,064 | 623,872 | 91,192 | 59.8 | 62% |
| 2022 | 565,625 | 646,048 | −80,423 | 57.9 | 63% |
| 2023 | 598,351 | 672,631 | −74,280 | 54.3 | 61% |
In its most recent public year (2023), this organization spent $74,280 more than it brought in. Its reserves stood at about 54.3 months of spending, down from 63.9 in 2020. Staff pay was 61% 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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