Armi Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 162,769 | 247,499 | −84,730 | -35.4 | 22% |
| 2012 | 241,706 | 264,749 | −23,043 | -34.1 | 0% |
| 2013 | 238,819 | 311,460 | −72,641 | -31.8 | 0% |
| 2014 | 223,755 | 300,256 | −76,501 | -36.1 | 33% |
| 2015 | 213,949 | 304,339 | −90,390 | -39.2 | 28% |
| 2016 | 226,357 | 343,078 | −116,721 | -38.8 | 23% |
| 2017 | 264,975 | 527,220 | −262,245 | -31.2 | 11% |
| 2018 | 295,563 | 400,182 | −104,619 | -44.3 | 23% |
| 2019 | 319,072 | 407,431 | −88,359 | -46.1 | 0% |
| 2020 | 310,094 | 373,981 | −63,887 | -52.3 | 0% |
| 2021 | 311,360 | 401,042 | −89,682 | -51.4 | 0% |
| 2022 | 321,489 | 496,560 | −175,071 | -45.8 | 0% |
| 2023 | 363,810 | 576,823 | −213,013 | -43.8 | 0% |
In its most recent public year (2023), this organization spent $213,013 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-43.8 months), down from -35.4 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
Armi Housing Corporation'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