Families Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 506,615 | 564,123 | −57,508 | 0.8 | 48% |
| 2021 | 528,664 | 499,525 | 29,139 | 1.6 | 55% |
| 2022 | 450,435 | 509,399 | −58,964 | 0.2 | 50% |
| 2023 | 636,901 | 539,894 | 97,007 | 2.3 | 56% |
In its most recent public year (2023), this organization brought in $97,007 more than it spent. Its reserves stood at about 2.3 months of spending, up from 0.8 in 2020. Staff pay was 56% 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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