Norwell Food Pantry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 142,401 | 80,160 | 62,241 | 15.2 | — |
| 2021 | 73,505 | 20,803 | 52,702 | 89.1 | — |
| 2022 | 80,010 | 55,783 | 24,227 | 38.4 | — |
| 2023 | 33,948 | 71,266 | −37,318 | 23.8 | — |
In its most recent public year (2023), this organization spent $37,318 more than it brought in. Its reserves stood at about 23.8 months of spending, up from 15.2 in 2020.
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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