Groveton Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 116,541 | 172,079 | −55,538 | 18.0 | 0% |
| 2021 | 153,882 | 170,520 | −16,638 | 17.0 | 0% |
| 2022 | 139,701 | 162,450 | −22,749 | 16.2 | 0% |
| 2023 | 148,862 | 196,118 | −47,256 | 10.5 | 0% |
In its most recent public year (2023), this organization spent $47,256 more than it brought in. Its reserves stood at about 10.5 months of spending, down from 18 in 2020. 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
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