Hoosier Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 1,063 | −1,063 | -12.0 | 0% |
| 2017 | 0 | 47,496 | −47,496 | -34.4 | 0% |
| 2018 | 106,927 | 1,438,165 | −1,331,238 | -7.8 | 43% |
| 2019 | 4,409,457 | 6,234,614 | −1,825,157 | -5.6 | 42% |
| 2020 | 5,168,248 | 7,661,303 | −2,493,055 | -8.5 | 35% |
| 2021 | 5,908,355 | 6,412,373 | −504,018 | -8.5 | 41% |
| 2022 | 6,534,147 | 6,295,685 | 238,462 | -8.0 | 44% |
| 2023 | 8,058,141 | 8,529,075 | −470,934 | -6.6 | 34% |
In its most recent public year (2023), this organization spent $470,934 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.6 months), up from -12 in 2016. Staff pay was 34% 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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