Healing Angels Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 228,303 | 231,765 | −3,462 | -0.2 | 74% |
| 2022 | 206,750 | 261,507 | −54,757 | -2.7 | 21% |
| 2023 | 119,668 | 144,311 | −24,643 | -6.4 | 20% |
In its most recent public year (2023), this organization spent $24,643 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.4 months), down from -0.2 in 2021. Staff pay was 20% 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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