Fairmount Homes
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 15,479,976 | 17,754,409 | −2,274,433 | 6.3 | 49% |
| 2013 | 16,736,410 | 15,691,337 | 1,045,073 | 7.9 | 56% |
| 2014 | 16,545,502 | 16,373,077 | 172,425 | 7.7 | 55% |
| 2015 | 16,614,124 | 15,882,952 | 731,172 | 8.4 | 56% |
| 2016 | 17,595,323 | 16,336,216 | 1,259,107 | 9.0 | 57% |
| 2017 | 18,507,804 | 17,065,316 | 1,442,488 | 9.9 | 56% |
| 2018 | 18,593,038 | 17,718,970 | 874,068 | 10.2 | 56% |
| 2019 | 18,985,957 | 17,750,072 | 1,235,885 | 11.2 | 58% |
| 2020 | 20,838,870 | 19,126,155 | 1,712,715 | 11.6 | 59% |
| 2021 | 22,895,957 | 20,727,324 | 2,168,633 | 12.6 | 57% |
| 2022 | 21,169,489 | 21,055,187 | 114,302 | 11.7 | 56% |
| 2023 | 23,178,945 | 22,429,562 | 749,383 | 11.6 | 56% |
In its most recent public year (2023), this organization brought in $749,383 more than it spent. Its reserves stood at about 11.6 months of spending, up from 6.3 in 2012. Staff pay was 56% 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
Fairmount Homes'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