Lowcountry Cares Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 39,839 | 51,487 | −11,648 | 7.8 | — |
| 2021 | 49,275 | 45,684 | 3,591 | 9.7 | — |
| 2022 | 81,473 | 80,301 | 1,172 | 5.7 | — |
| 2023 | 68,569 | 72,261 | −3,692 | 5.7 | — |
In its most recent public year (2023), this organization spent $3,692 more than it brought in. Its reserves stood at about 5.7 months of spending, down from 7.8 in 2020.
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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