True Care Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 81,174 | 60,619 | 20,555 | 4.1 | — |
| 2021 | 145,692 | 122,035 | 23,657 | 4.4 | — |
| 2022 | 36,958 | 75,598 | −38,640 | 0.9 | — |
In its most recent public year (2022), this organization spent $38,640 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 4.1 in 2020.
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 2022. 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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