Shelton Senior Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 421,191 | 521,310 | −100,119 | 90.1 | 19% |
| 2021 | 435,976 | 524,391 | −88,415 | 87.3 | 20% |
| 2022 | 433,275 | 581,914 | −148,639 | 75.6 | 21% |
| 2023 | 507,872 | 536,026 | −28,154 | 81.5 | 17% |
In its most recent public year (2023), this organization spent $28,154 more than it brought in. Its reserves stood at about 81.5 months of spending, down from 90.1 in 2020. Staff pay was 17% of spending. $3,789,600 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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