St Patricks Housing Corporation Ii
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 410,174 | 593,819 | −183,645 | 148.4 | 17% |
| 2021 | 462,434 | 594,954 | −132,520 | 145.4 | 15% |
| 2022 | 461,367 | 642,908 | −181,541 | 131.2 | 11% |
| 2023 | 540,191 | 735,064 | −194,873 | 111.5 | 16% |
In its most recent public year (2023), this organization spent $194,873 more than it brought in. Its reserves stood at about 111.5 months of spending, down from 148.4 in 2020. Staff pay was 16% of spending. $8,692,400 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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