Housing Education And Research Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,241 | 21,256 | −4,015 | 70.8 | — |
| 2021 | 29,045 | 17,370 | 11,675 | 94.7 | — |
| 2022 | 19,414 | 29,784 | −10,370 | 51.1 | — |
| 2023 | 22,170 | 27,079 | −4,909 | 54.0 | — |
In its most recent public year (2023), this organization spent $4,909 more than it brought in. Its reserves stood at about 54 months of spending, down from 70.8 in 2020.
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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