The Arc Eastern Connecticut Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 21,962,056 | 20,518,388 | 1,443,668 | 3.6 | 67% |
| 2022 | 20,386,624 | 20,902,521 | −515,897 | 3.2 | 68% |
| 2023 | 23,599,227 | 23,747,191 | −147,964 | 2.8 | 63% |
In its most recent public year (2023), this organization spent $147,964 more than it brought in. Its reserves stood at about 2.8 months of spending. Staff pay was 63% of spending. $58,721 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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