Open Arms Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 46,525 | 54,885 | −8,360 | 0.5 | — |
| 2011 | 43,919 | 41,260 | 2,659 | 1.5 | — |
| 2012 | 33,499 | 34,775 | −1,276 | 1.3 | — |
| 2013 | 37,686 | 39,984 | −2,298 | 0.4 | — |
| 2014 | 53,332 | 51,883 | 1,449 | 0.7 | — |
| 2015 | 54,504 | 55,656 | −1,152 | 0.4 | — |
| 2016 | 56,863 | 56,872 | −9 | 0.4 | — |
| 2017 | 52,079 | 50,642 | 1,437 | 0.8 | — |
| 2018 | 60,411 | 54,492 | 5,919 | 2.0 | — |
| 2019 | 58,658 | 63,300 | −4,642 | 0.8 | — |
| 2020 | 44,080 | 46,186 | −2,106 | 0.6 | — |
| 2021 | 95,077 | 96,417 | −1,340 | 0.1 | — |
| 2022 | 119,946 | 116,402 | 3,544 | 0.5 | — |
| 2023 | 126,262 | 126,114 | 148 | 0.4 | — |
In its most recent public year (2023), this organization brought in $148 more than it spent. Its reserves stood at about 0.4 months 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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