The First Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 964,792 | 1,068,147 | −103,355 | -26.1 | 6% |
| 2012 | 937,854 | 983,757 | −45,903 | -28.9 | 7% |
| 2013 | 930,399 | 973,178 | −42,779 | -29.5 | 8% |
| 2014 | 888,956 | 1,020,134 | −131,178 | -29.7 | 8% |
| 2015 | 990,951 | 1,095,195 | −104,244 | -28.8 | 16% |
| 2016 | 1,026,525 | 925,434 | 101,091 | -32.8 | 17% |
| 2017 | 967,692 | 941,289 | 26,403 | -31.9 | 16% |
| 2018 | 1,020,057 | 1,025,949 | −5,892 | -29.4 | 14% |
| 2019 | 1,063,233 | 982,428 | 80,805 | -29.7 | 13% |
| 2020 | 1,018,614 | 1,013,844 | 4,770 | -28.7 | 13% |
| 2021 | 1,053,898 | 1,034,428 | 19,470 | -27.9 | 13% |
| 2022 | 1,052,079 | 964,880 | 87,199 | -28.8 | 13% |
| 2023 | 1,083,737 | 1,022,436 | 61,301 | -26.5 | 13% |
In its most recent public year (2023), this organization brought in $61,301 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-26.5 months). Staff pay was 13% 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
The First Housing Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works