Medical Loan Closet Of Wichita Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 142,334 | 111,506 | 30,828 | 20.4 | — |
| 2015 | 155,526 | 120,851 | 34,675 | 22.2 | — |
| 2016 | 24,374 | 20,599 | 3,775 | 269.2 | — |
| 2017 | 95,062 | 53,368 | 41,694 | 78.0 | — |
| 2018 | 1,102,878 | 762,542 | 340,336 | 10.8 | 0% |
| 2019 | 711,599 | 933,619 | −222,020 | 6.0 | 0% |
| 2020 | 563,393 | 588,164 | −24,771 | 9.0 | 0% |
| 2021 | 952,532 | 746,217 | 206,315 | 10.4 | 0% |
| 2022 | 1,273,154 | 753,135 | 520,019 | 18.6 | 0% |
| 2023 | 740,789 | 1,237,395 | −496,606 | 6.5 | 1% |
In its most recent public year (2023), this organization spent $496,606 more than it brought in. Its reserves stood at about 6.5 months of spending, down from 20.4 in 2014. Staff pay was 1% 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
Medical Loan Closet Of Wichita Inc'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