Operating record

Willow Oak Therapy Center Inc

Rockville, MD · EIN 52-1291997 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$552,586$533,640$18,9464.416%
2021$540,570$548,872−$8,3024.117%
2022$519,486$510,199$9,2874.617%
2023$666,501$682,871−$16,3703.218%

In its most recent public year (2023), this organization spent $16,370 more than it brought in. Its reserves stood at about 3.2 months of spending, down from 4.4 in 2020. Staff pay was 18% 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 ↗