Knox District Housing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 135,069 | 153,813 | −18,744 | -16.7 | 0% |
| 2021 | 130,404 | 138,020 | −7,616 | -19.2 | 0% |
| 2022 | 130,850 | 153,228 | −22,378 | -19.1 | 0% |
| 2023 | 133,847 | 149,481 | −15,634 | -20.8 | 0% |
| 2024 | 132,625 | 160,301 | −27,676 | -21.5 | 0% |
In its most recent public year (2024), this organization spent $27,676 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-21.5 months), down from -16.7 in 2020. 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 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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