Drachma Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 224,261 | 341,393 | −117,132 | -21.2 | 4% |
| 2012 | 255,593 | 336,807 | −81,214 | -24.3 | 9% |
| 2013 | 245,336 | 454,089 | −208,753 | -23.6 | 10% |
| 2014 | 249,144 | 397,338 | −148,194 | -31.4 | 9% |
| 2015 | 238,182 | 421,619 | −183,437 | -34.8 | 11% |
| 2016 | 258,246 | 426,116 | −167,870 | -41.1 | 11% |
| 2017 | 245,445 | 471,206 | −225,761 | -42.9 | 12% |
| 2018 | 281,879 | 467,982 | −186,103 | -47.9 | 14% |
| 2019 | 315,712 | 482,797 | −167,085 | -50.6 | 12% |
| 2020 | 365,631 | 483,979 | −118,348 | -53.4 | 12% |
| 2021 | 357,795 | 502,432 | −144,637 | -54.9 | 12% |
| 2022 | 388,381 | 507,952 | −119,571 | -57.2 | 7% |
| 2023 | 344,278 | 648,039 | −303,761 | -50.4 | 5% |
In its most recent public year (2023), this organization spent $303,761 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-50.4 months), down from -21.2 in 2011. Staff pay was 5% 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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