First Choice Health Centers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,051,043 | 16,720,447 | 330,596 | 5.9 | 58% |
| 2021 | 17,922,573 | 16,888,813 | 1,033,760 | 6.6 | 61% |
| 2022 | 20,633,718 | 19,896,687 | 737,031 | 6.0 | 55% |
| 2023 | 20,959,487 | 21,821,585 | −862,098 | 5.0 | 53% |
In its most recent public year (2023), this organization spent $862,098 more than it brought in. Its reserves stood at about 5 months of spending. Staff pay was 53% 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
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