Clothes Helping Kids Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 702,930 | 535,210 | 167,720 | 7.2 | 28% |
| 2022 | 623,658 | 515,464 | 108,194 | 10.0 | 36% |
| 2023 | 493,362 | 535,398 | −42,036 | 8.7 | 38% |
| 2024 | 514,829 | 559,613 | −44,784 | 7.4 | 38% |
In its most recent public year (2024), this organization spent $44,784 more than it brought in. Its reserves stood at about 7.4 months of spending. Staff pay was 38% 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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