Carereach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,129,380 | 6,143,338 | −13,958 | 3.2 | 39% |
| 2012 | 7,954,985 | 7,963,366 | −8,381 | 2.5 | 37% |
| 2013 | 8,099,288 | 7,643,031 | 456,257 | 3.3 | 52% |
| 2014 | 8,516,562 | 8,604,139 | −87,577 | 2.8 | 52% |
| 2015 | 8,879,565 | 8,837,013 | 42,552 | 2.8 | 53% |
| 2016 | 8,448,397 | 8,466,054 | −17,657 | 2.9 | 54% |
| 2017 | 10,027,121 | 10,169,088 | −141,967 | 2.2 | 54% |
| 2018 | 10,889,300 | 10,355,885 | 533,415 | 2.8 | 56% |
| 2019 | 7,759,877 | 7,966,507 | −206,630 | 3.6 | 57% |
| 2020 | 632,874 | 958,960 | −326,086 | 25.3 | 54% |
| 2021 | 1,062,046 | 982,167 | 79,879 | 25.8 | 55% |
| 2022 | 918,184 | 1,106,636 | −188,452 | 20.9 | 56% |
| 2023 | 596,295 | 1,265,484 | −669,189 | 12.1 | 59% |
| 2024 | 1,062,092 | 1,208,592 | −146,500 | 11.4 | 58% |
In its most recent public year (2024), this organization spent $146,500 more than it brought in. Its reserves stood at about 11.4 months of spending, up from 3.2 in 2011. Staff pay was 58% of spending. $405,956 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 2024. 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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