Magdalene Serenity House Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 514,460 | 50,339 | 464,121 | 110.6 | 45% |
| 2017 | 492,141 | 208,271 | 283,870 | 43.1 | 53% |
| 2018 | 259,824 | 377,843 | −118,019 | 21.0 | 45% |
| 2019 | 451,673 | 337,849 | 113,824 | 27.6 | 39% |
| 2020 | 663,729 | 400,243 | 263,486 | 31.2 | 44% |
| 2021 | 474,588 | 485,001 | −10,413 | 25.5 | 45% |
| 2022 | 697,228 | 562,043 | 135,185 | 24.8 | 44% |
| 2023 | 595,730 | 636,415 | −40,685 | 21.4 | 41% |
In its most recent public year (2023), this organization spent $40,685 more than it brought in. Its reserves stood at about 21.4 months of spending. Staff pay was 41% of spending. $163,480 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
Magdalene Serenity House 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