Soul Care Life Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 29,832 | 184,507 | −154,675 | -10.1 | — |
| 2019 | 283,478 | 321,004 | −37,526 | -7.2 | 77% |
| 2020 | 683,183 | 519,378 | 163,805 | -0.7 | 66% |
| 2021 | 1,073,408 | 873,485 | 199,923 | 2.4 | 62% |
| 2022 | 1,212,484 | 1,141,197 | 71,287 | 2.6 | 58% |
| 2023 | 1,152,322 | 1,254,886 | −102,564 | 1.3 | 63% |
In its most recent public year (2023), this organization spent $102,564 more than it brought in. Its reserves stood at about 1.3 months of spending, up from -10.1 in 2018. Staff pay was 63% 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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