Bedford Cares
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 14,346 | 16,675 | −2,329 | 11.8 | — |
| 2020 | 48,655 | 34,383 | 14,272 | 10.7 | — |
| 2021 | 51,705 | 53,612 | −1,907 | 6.4 | — |
| 2022 | 58,386 | 58,907 | −521 | 5.8 | — |
| 2023 | 91,624 | 93,670 | −2,046 | 3.4 | — |
In its most recent public year (2023), this organization spent $2,046 more than it brought in. Its reserves stood at about 3.4 months of spending, down from 11.8 in 2019.
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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