Center For Advocacy Research & Education Of Connecticut Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 252,562 | 275,409 | −22,847 | 332.2 | 38% |
| 2021 | 564,521 | 284,134 | 280,387 | 348.3 | 36% |
| 2022 | 777,910 | 279,016 | 498,894 | 261.5 | 37% |
| 2023 | 416,202 | 304,844 | 111,358 | 273.5 | 33% |
In its most recent public year (2023), this organization brought in $111,358 more than it spent. Its reserves stood at about 273.5 months of spending, down from 332.2 in 2020. Staff pay was 33% 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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