Lower Shore Friends Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 210,641 | 212,371 | −1,730 | -0.4 | 53% |
| 2021 | 257,110 | 222,579 | 34,531 | 1.5 | 55% |
| 2022 | 260,937 | 268,355 | −7,418 | 0.9 | 52% |
| 2023 | 277,577 | 288,452 | −10,875 | 0.4 | 52% |
In its most recent public year (2023), this organization spent $10,875 more than it brought in. Its reserves stood at about 0.4 months of spending. Staff pay was 52% 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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