Vessels With Purpose Child Placing Agency
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 581,547 | 507,827 | 73,720 | 3.3 | 16% |
| 2021 | 741,773 | 661,379 | 80,394 | 4.0 | 22% |
| 2022 | 819,017 | 768,349 | 50,668 | 4.3 | 23% |
| 2023 | 832,965 | 792,227 | 40,738 | 4.7 | 24% |
In its most recent public year (2023), this organization brought in $40,738 more than it spent. Its reserves stood at about 4.7 months of spending, up from 3.3 in 2020. Staff pay was 24% 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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