Kanes Gift Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 111,378 | 19,407 | 91,971 | 56.9 | 0% |
| 2022 | 119,444 | 103,639 | 15,805 | 12.7 | 21% |
| 2023 | 146,845 | 116,738 | 30,107 | 13.7 | 21% |
In its most recent public year (2023), this organization brought in $30,107 more than it spent. Its reserves stood at about 13.7 months of spending, down from 56.9 in 2021. Staff pay was 21% 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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