Open Arms Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 71,410 | 83,670 | −12,260 | 28.9 | 12% |
| 2021 | 78,970 | 53,286 | 25,684 | 105.0 | — |
| 2022 | 87,702 | 76,756 | 10,946 | 74.6 | — |
| 2023 | 85,739 | 84,133 | 1,606 | 68.3 | — |
In its most recent public year (2023), this organization brought in $1,606 more than it spent. Its reserves stood at about 68.3 months of spending, up from 28.9 in 2020.
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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