Open Arms Care Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,785,440 | 40,624,538 | 160,902 | 0.2 | 53% |
| 2012 | 40,077,199 | 39,099,166 | 978,033 | 0.5 | 53% |
| 2013 | 38,802,915 | 38,668,164 | 134,751 | 0.6 | 54% |
| 2014 | 38,950,526 | 39,664,097 | −713,571 | 0.3 | 54% |
| 2015 | 45,130,536 | 42,858,537 | 2,271,999 | -0.4 | 49% |
| 2016 | 43,285,847 | 44,350,096 | −1,064,249 | -0.2 | 48% |
| 2017 | 52,547,297 | 51,630,375 | 916,922 | 0.3 | 49% |
| 2018 | 56,824,396 | 55,287,044 | 1,537,352 | 0.8 | 49% |
| 2019 | 55,327,874 | 55,096,203 | 231,671 | 0.9 | 51% |
| 2020 | 55,580,961 | 56,765,728 | −1,184,767 | 0.7 | 50% |
| 2021 | 57,379,282 | 56,803,623 | 575,659 | 0.8 | 50% |
| 2022 | 58,367,464 | 60,902,168 | −2,534,704 | 0.3 | 50% |
| 2023 | 62,533,207 | 62,677,209 | −144,002 | 0.3 | 52% |
In its most recent public year (2023), this organization spent $144,002 more than it brought in. Its reserves stood at about 0.3 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
Open Arms Care Corporation'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