Homestead Youth & Family Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,962,730 | 1,686,652 | 276,078 | 8.8 | 54% |
| 2022 | 2,305,432 | 1,665,039 | 640,393 | 13.6 | 58% |
| 2023 | 1,784,611 | 1,656,967 | 127,644 | 14.6 | 57% |
| 2024 | 2,414,060 | 2,108,897 | 305,163 | 13.2 | 57% |
In its most recent public year (2024), this organization brought in $305,163 more than it spent. Its reserves stood at about 13.2 months of spending, up from 8.8 in 2021. Staff pay was 57% 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 2024. 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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