Carenet Pregnancy Center Of Southern Maryland Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 541,838 | 511,861 | 29,977 | 14.8 | 0% |
| 2021 | 756,212 | 548,045 | 208,167 | 18.4 | 53% |
| 2022 | 836,143 | 650,913 | 185,230 | 18.8 | 49% |
| 2023 | 849,467 | 877,632 | −28,165 | 13.5 | 54% |
In its most recent public year (2023), this organization spent $28,165 more than it brought in. Its reserves stood at about 13.5 months of spending, down from 14.8 in 2020. Staff pay was 54% of spending. $1,390 of its net assets are donor-restricted.
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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