Laurens Memorial Home For The Aged Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 699,085 | 731,261 | −32,176 | 9.2 | 53% |
| 2012 | 818,293 | 718,318 | 99,975 | 11.1 | 50% |
| 2013 | 689,840 | 780,439 | −90,599 | 8.6 | 48% |
| 2014 | 746,702 | 799,446 | −52,744 | 7.6 | 51% |
| 2015 | 781,690 | 734,728 | 46,962 | 9.1 | 52% |
| 2016 | 782,742 | 748,252 | 34,490 | 9.4 | 51% |
| 2017 | 925,101 | 760,888 | 164,213 | 11.9 | 51% |
| 2018 | 857,805 | 834,344 | 23,461 | 11.2 | 53% |
| 2019 | 778,222 | 866,627 | −88,405 | 9.5 | 52% |
| 2020 | 522,341 | 650,748 | −128,407 | 10.3 | 55% |
| 2021 | 591,325 | 832,831 | −241,506 | 4.5 | 61% |
| 2022 | 832,478 | 620,858 | 211,620 | 10.2 | 80% |
| 2023 | 1,087,280 | 986,300 | 100,980 | 7.6 | 57% |
In its most recent public year (2023), this organization brought in $100,980 more than it spent. Its reserves stood at about 7.6 months of spending, down from 9.2 in 2011. Staff pay was 57% 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
Laurens Memorial Home For The Aged Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works