Kent Affordable Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 473,885 | 687,037 | −213,152 | 43.2 | 0% |
| 2022 | 550,488 | 676,440 | −125,952 | 41.7 | 0% |
| 2023 | 589,550 | 718,473 | −128,923 | 37.3 | 0% |
In its most recent public year (2023), this organization spent $128,923 more than it brought in. Its reserves stood at about 37.3 months of spending, down from 43.2 in 2021. Staff pay was 0% of spending. $2,436,514 of its net assets are donor-restricted.
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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