Somaltow Housing Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 477,707 | 53,322 | 424,385 | 3869.2 | 0% |
| 2012 | 622,605 | 36,582 | 586,023 | 5834.8 | 0% |
| 2013 | 621,711 | 47,425 | 574,286 | 4656.5 | 0% |
| 2014 | 611,803 | 40,310 | 571,493 | 5677.0 | 0% |
| 2015 | 695,518 | 49,213 | 646,305 | 4804.4 | 0% |
| 2016 | 658,994 | 52,610 | 606,384 | 4615.2 | 0% |
| 2017 | 629,302 | 46,138 | 583,164 | 5448.4 | 0% |
| 2018 | 639,812 | 57,498 | 582,314 | 4593.9 | 0% |
| 2019 | 2,830,257 | 3,494,695 | −664,438 | 55.9 | 15% |
| 2020 | 2,769,244 | 3,612,202 | −842,958 | 51.9 | 16% |
| 2021 | 2,742,868 | 3,534,177 | −791,309 | 51.0 | 16% |
| 2022 | 3,136,255 | 3,839,404 | −703,149 | 43.4 | 15% |
| 2023 | 4,374,585 | 4,808,920 | −434,335 | 30.7 | 0% |
In its most recent public year (2023), this organization spent $434,335 more than it brought in. Its reserves stood at about 30.7 months of spending, down from 3869.2 in 2011. 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
Somaltow Housing Company Inc'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