Agency On Aging Of South Central Connecticut Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,685,130 | 13,434,822 | 250,308 | 7.0 | 43% |
| 2021 | 15,421,651 | 13,505,331 | 1,916,320 | 9.4 | 42% |
| 2022 | 14,052,336 | 13,563,143 | 489,193 | 8.5 | 43% |
| 2023 | 15,248,190 | 15,014,570 | 233,620 | 8.3 | 41% |
In its most recent public year (2023), this organization brought in $233,620 more than it spent. Its reserves stood at about 8.3 months of spending, up from 7 in 2020. Staff pay was 41% of spending. $10,100 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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