Commonwealth Cares Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 110,582 | 95,611 | 14,971 | 3.5 | — |
| 2017 | 178,727 | 155,026 | 23,701 | 4.0 | 0% |
| 2018 | 122,926 | 134,642 | −11,716 | 3.5 | 0% |
| 2019 | 176,668 | 111,310 | 65,358 | 11.4 | 0% |
| 2020 | 115,045 | 139,605 | −24,560 | 6.0 | 0% |
| 2021 | 126,530 | 119,576 | 6,954 | 7.4 | 0% |
| 2022 | 194,994 | 108,019 | 86,975 | 17.8 | 0% |
| 2023 | 105,031 | 116,012 | −10,981 | 15.5 | 0% |
In its most recent public year (2023), this organization spent $10,981 more than it brought in. Its reserves stood at about 15.5 months of spending, up from 3.5 in 2016. Staff pay was 0% 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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