Reed City Area Food Pantry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 38,857 | 4,996 | 33,861 | 298.9 | — |
| 2022 | 70,820 | 34,553 | 36,267 | 55.8 | — |
| 2023 | 50,744 | 64,423 | −13,679 | 27.4 | — |
In its most recent public year (2023), this organization spent $13,679 more than it brought in. Its reserves stood at about 27.4 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 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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