Multicare Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 350,617 | 360,425 | −9,808 | 5.5 | 20% |
| 2012 | 315,459 | 326,855 | −11,396 | 5.6 | 23% |
| 2013 | 312,099 | 327,691 | −15,592 | 4.5 | 28% |
| 2014 | 246,597 | 223,681 | 22,916 | 7.3 | 22% |
| 2015 | 348,175 | 285,456 | 62,719 | 8.3 | 22% |
| 2016 | 249,231 | 249,280 | −49 | 9.5 | 29% |
| 2017 | 219,257 | 264,112 | −44,855 | 7.1 | 29% |
| 2018 | 225,269 | 258,906 | −33,637 | 5.7 | 24% |
| 2019 | 298,020 | 248,078 | 49,942 | 8.4 | 13% |
| 2020 | 163,902 | 217,359 | −53,457 | 6.6 | 17% |
| 2021 | 86,526 | 162,432 | −75,906 | 3.3 | 10% |
| 2022 | 161,402 | 159,257 | 2,145 | 3.5 | — |
| 2023 | 150,561 | 159,992 | −9,431 | 2.2 | — |
In its most recent public year (2023), this organization spent $9,431 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 5.5 in 2011.
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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