Iraas Residential Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 631,211 | 570,291 | 60,920 | 3.0 | 57% |
| 2017 | 666,877 | 717,631 | −50,754 | 1.6 | 47% |
| 2018 | 584,844 | 612,747 | −27,903 | 2.3 | 53% |
| 2019 | 660,760 | 641,398 | 19,362 | 2.6 | 53% |
| 2020 | 754,270 | 815,043 | −60,773 | 2.3 | 42% |
| 2021 | 1,034,400 | 958,815 | 75,585 | 1.9 | 54% |
| 2022 | 1,240,236 | 1,030,424 | 209,812 | 2.1 | 57% |
| 2023 | 979,284 | 1,035,939 | −56,655 | 1.4 | 55% |
In its most recent public year (2023), this organization spent $56,655 more than it brought in. Its reserves stood at about 1.4 months of spending, down from 3 in 2016. Staff pay was 55% 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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