Pioneer Housing Project Iii
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 62,214 | 68,842 | −6,628 | -42.2 | 8% |
| 2021 | 66,911 | 75,352 | −8,441 | -39.9 | 7% |
| 2022 | 68,021 | 63,124 | 4,897 | -46.7 | 9% |
| 2023 | 65,510 | 71,365 | −5,855 | -42.3 | 11% |
In its most recent public year (2023), this organization spent $5,855 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-42.3 months). Staff pay was 11% 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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