Quincy House
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 164,544 | 174,871 | −10,327 | 32.8 | 55% |
| 2021 | 276,693 | 255,545 | 21,148 | 23.4 | 23% |
| 2022 | 247,888 | 289,085 | −41,197 | 19.0 | 39% |
| 2023 | 256,694 | 258,856 | −2,162 | 21.1 | 30% |
In its most recent public year (2023), this organization spent $2,162 more than it brought in. Its reserves stood at about 21.1 months of spending, down from 32.8 in 2020. Staff pay was 30% 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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