St Simeons Episcopal Home Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 14,243,726 | 15,315,080 | −1,071,354 | 19.3 | 55% |
| 2021 | 15,031,463 | 16,003,152 | −971,689 | 17.8 | 56% |
| 2022 | 16,267,290 | 17,202,346 | −935,056 | 15.9 | 54% |
| 2023 | 15,617,974 | 16,571,331 | −953,357 | 15.5 | 52% |
In its most recent public year (2023), this organization spent $953,357 more than it brought in. Its reserves stood at about 15.5 months of spending, down from 19.3 in 2020. Staff pay was 52% 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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