Care Closet Lbc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 93,346 | 16,262 | 77,084 | 56.9 | — |
| 2022 | 289,346 | 262,511 | 26,835 | 4.3 | 8% |
| 2023 | 637,195 | 608,047 | 29,148 | 2.4 | 6% |
In its most recent public year (2023), this organization brought in $29,148 more than it spent. Its reserves stood at about 2.4 months of spending, down from 56.9 in 2021. Staff pay was 6% 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
Care Closet Lbc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works