Senior Housing Corporation Iii
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,190,043 | 1,433,184 | −243,141 | -15.4 | 0% |
| 2021 | 1,222,857 | 1,507,187 | −284,330 | -16.9 | 0% |
| 2022 | 1,303,112 | 1,531,006 | −227,894 | -18.5 | 12% |
| 2023 | 1,374,448 | 1,438,547 | −64,099 | -20.2 | 16% |
In its most recent public year (2023), this organization spent $64,099 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-20.2 months), down from -15.4 in 2020. Staff pay was 16% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works