Lighthouse For The Blind Of Palms Beaches Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 893,470 | 1,590,262 | −696,792 | 28.7 | 3% |
| 2021 | 1,468,319 | 1,089,799 | 378,520 | 47.7 | 61% |
| 2022 | 1,510,165 | 1,237,253 | 272,912 | 41.3 | 61% |
| 2023 | 2,004,713 | 1,479,571 | 525,142 | 38.8 | 59% |
In its most recent public year (2023), this organization brought in $525,142 more than it spent. Its reserves stood at about 38.8 months of spending, up from 28.7 in 2020. Staff pay was 59% of spending. $573,651 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 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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