Day Spring Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,583,567 | 4,976,870 | −393,303 | 2.4 | 50% |
| 2022 | 4,322,401 | 4,838,746 | −516,345 | 0.7 | 48% |
| 2023 | 4,436,193 | 4,580,332 | −144,139 | -0.5 | 55% |
| 2024 | 4,322,717 | 4,732,030 | −409,313 | 0.6 | 58% |
In its most recent public year (2024), this organization spent $409,313 more than it brought in. Its reserves stood at about 0.6 months of spending, down from 2.4 in 2021. Staff pay was 58% 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 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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