Milam Touch Of Love
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 73,032 | 70,478 | 2,554 | 1.1 | — |
| 2022 | 95,711 | 86,880 | 8,831 | 2.1 | — |
| 2023 | 107,881 | 107,253 | 628 | 1.8 | — |
| 2024 | 98,784 | 99,206 | −422 | 1.9 | — |
In its most recent public year (2024), this organization spent $422 more than it brought in. Its reserves stood at about 1.9 months 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 2024. 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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