Housing Plus Solutions Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,778,611 | 7,068,249 | −289,638 | 2.0 | 35% |
| 2021 | 8,488,252 | 8,418,257 | 69,995 | 1.7 | 34% |
| 2022 | 8,797,491 | 8,659,468 | 138,023 | 1.9 | 32% |
| 2023 | 13,420,965 | 13,287,939 | 133,026 | 1.2 | 26% |
In its most recent public year (2023), this organization brought in $133,026 more than it spent. Its reserves stood at about 1.2 months of spending. Staff pay was 26% of spending. $685,000 of its net assets are donor-restricted.
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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