Open Arms Recovery Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 286,125 | 223,272 | 62,853 | 3.4 | 76% |
| 2018 | 429,412 | 415,757 | 13,655 | 2.1 | 74% |
| 2019 | 484,406 | 486,679 | −2,273 | 1.7 | 75% |
| 2020 | 549,162 | 558,742 | −9,580 | 1.3 | 74% |
| 2021 | 699,915 | 663,157 | 36,758 | 3.3 | 72% |
| 2022 | 1,013,672 | 876,707 | 136,965 | 4.4 | 70% |
| 2023 | 1,143,214 | 953,810 | 189,404 | 7.5 | 70% |
In its most recent public year (2023), this organization brought in $189,404 more than it spent. Its reserves stood at about 7.5 months of spending, up from 3.4 in 2017. Staff pay was 70% 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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