Glenburn Housing Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 209,261 | 207,760 | 1,501 | -8.6 | 0% |
| 2012 | 223,242 | 211,542 | 11,700 | -7.8 | 0% |
| 2013 | 228,577 | 219,216 | 9,361 | -7.0 | 0% |
| 2014 | 225,455 | 228,423 | −2,968 | -6.9 | 0% |
| 2015 | 226,882 | 248,014 | −21,132 | -7.4 | 0% |
| 2016 | 226,060 | 230,602 | −4,542 | -8.1 | 0% |
| 2017 | 193,255 | 214,725 | −21,470 | -10.0 | 0% |
| 2018 | 171,972 | 250,239 | −78,267 | -12.3 | 0% |
| 2019 | 173,738 | 226,727 | −52,989 | -16.4 | 0% |
| 2020 | 169,918 | 224,316 | −54,398 | -19.5 | 0% |
| 2021 | 171,966 | 218,214 | −46,248 | -22.5 | 0% |
| 2022 | 185,908 | 246,470 | −60,562 | -22.9 | 0% |
| 2023 | 192,355 | 246,228 | −53,873 | -25.6 | 0% |
In its most recent public year (2023), this organization spent $53,873 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-25.6 months), down from -8.6 in 2011. Staff pay was 0% 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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