Morrow Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,300 | 30,657 | −9,357 | -82.7 | — |
| 2012 | 22,200 | 29,806 | −7,606 | -88.1 | — |
| 2013 | 21,840 | 30,303 | −8,463 | -90.0 | — |
| 2014 | 21,840 | 30,435 | −8,595 | -65.0 | — |
| 2015 | 21,840 | 30,519 | −8,679 | -68.2 | — |
| 2016 | 21,840 | 30,368 | −8,528 | -71.9 | — |
| 2017 | 21,840 | 31,837 | −9,997 | -72.3 | — |
| 2018 | 29,780 | 40,918 | −11,138 | -59.6 | — |
| 2019 | 608,822 | 32,584 | 576,238 | 137.4 | 0% |
| 2020 | 48,267 | 21,368 | 26,899 | 224.7 | 0% |
| 2021 | 53,770 | 23,728 | 30,042 | 65.8 | — |
| 2022 | 18,000 | 22,506 | −4,506 | 226.9 | — |
| 2023 | 18,000 | 21,852 | −3,852 | 231.6 | — |
In its most recent public year (2023), this organization spent $3,852 more than it brought in. Its reserves stood at about 231.6 months of spending, up from -82.7 in 2011.
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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