Methodist Home For The Aging
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 85,016 | 103,251 | −18,235 | 77.5 | 33% |
| 2021 | 81,465 | 105,274 | −23,809 | 73.3 | 27% |
| 2022 | 83,375 | 110,726 | −27,351 | 66.7 | 23% |
| 2023 | 83,666 | 111,880 | −28,214 | 63.0 | 22% |
In its most recent public year (2023), this organization spent $28,214 more than it brought in. Its reserves stood at about 63 months of spending, down from 77.5 in 2020. Staff pay was 22% of spending. $1,060,090 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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